Storage Condo Units with Roll-Up
For Sale
$196,000
2510 Canada Drive, Colorado Springs, CO 80922
Fenced, controlled-access storage condos with roll-up doors, sprinkler systems, and pre-plumbing for private bathrooms.
Property Size905 SF
Days on Market145
Property Features for 2510 Canada Drive
General Information
Standard status
Active
Size
905 SF
Property subtype
Industrial - Flex - Industrial
Warehouse & Industrial
Drive-In Doors
70
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Building Details
Building Size
905 SF
Listing Agency:
Hoff & Leigh
Listed By:
Holly Trinidad · License #ER.100022369
(719) 337-0999
Source:
Commercialcafe
Added: Jun 12
Changed: Oct 25
Last Checked: Nov 1 at 2:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh
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Investment Insights
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This presale project consists of 70 storage commercial condo and man-cave units, planned for delivery by year’s end. Unit sizes range from 810 to 1,190 square feet, with each unit featuring a roll-up door measuring 12' x 16' and a 3' wide man-door. Each unit is designed with an epoxy floor, 125 amp electric service, and a gas furnace. Safety and convenience upgrades include a sprinkler system, a wash sink, and pre-plumbing for a bathroom.
The property is located at the intersection of Peterson and Constitution at 2510 Canada Drive in Colorado Springs. The full project is planned to be fenced with controlled access. On-site amenities include three common bathrooms, plus a dump station and a vehicle wash bay.
These units are well-suited for buyers seeking self-storage or flex-style storage space with built-in utility features such as gas heat, sprinklers, and pre-plumbing for in-unit bathrooms. The controlled-access layout and drive-up roll-up doors support day-to-day loading and unloading, while the planned dump station and vehicle wash bay add practical value for RV and other vehicle-focused storage needs.
The property is located at the intersection of Peterson and Constitution at 2510 Canada Drive in Colorado Springs. The full project is planned to be fenced with controlled access. On-site amenities include three common bathrooms, plus a dump station and a vehicle wash bay.
These units are well-suited for buyers seeking self-storage or flex-style storage space with built-in utility features such as gas heat, sprinklers, and pre-plumbing for in-unit bathrooms. The controlled-access layout and drive-up roll-up doors support day-to-day loading and unloading, while the planned dump station and vehicle wash bay add practical value for RV and other vehicle-focused storage needs.
Key Highlights
- 70 storage commercial real estate condo/man‑cave units with delivery planned by year’s end
- Unit sizes range from 810 SF to 1,190 SF
- Each unit includes a 12' x 16' roll‑up door plus a 3' wide man‑door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,972
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,440
$199.4K
Cap Rate 7%
$142,457
$142.5K
Cap Rate 9%
$110,800
$110.8K
Market Conditions
NOI Build-Up for 905 SF
Gross rent
$12.3K $13.56/SF
− Vacancy
−$540 −$0.60/SF
EGI
$11.7K $12.96/SF
− OpEx
−$1.8K −$1.94/SF
NOI
$10.0K $11.02/SF
Area
Colorado Springs, CO
Vacancy
4.40%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,440
Cap Rate 7%
$142,457
Cap Rate 9%
$110,800
Alternative Uses
Best Use
Warehouse
$142.5K
$124.7K – $166.2K
NOI $9,972 @ 7.0% cap · market cap 5.09%
Second Best
Flex RnD
$124.5K
$109.0K – $145.3K
NOI $8,718 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$178.7K
$156.4K – $208.5K
NOI $12,511 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
70
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
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Business Placement
Demographics for 80922, CO
29,392
Population
11,355
Households
2.6
Avg Household Size
34
Median Age
41%
College-Educated
96%
High-School Grad
5.8 sq mi
ZIP Area
5,068
Density / Sq Mi
$107,457
Median Household Income
$51,165
Median Earnings
$1,952
Median Rent
$407,000
Median Home Value
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Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Self storage facility - Fenced, controlled-access storage condos with roll-up doors, sprinkler systems, and pre-plumbing for private bathrooms.
Where is this self storage facility located?
The property is located at 2510 Canada Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $196,000.
What are key features of this property?
This property features: 70 storage commercial real estate condo/man‑cave units with delivery planned by year’s end; Unit sizes range from 810 SF to 1,190 SF; Each unit includes a 12' x 16' roll‑up door plus a 3' wide man‑door
