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Sprinklered Warehouse Unit
For Sale
$175,000

2510 Canada Drive #A119, Colorado Springs, CO 80922

Water service and a natural-gas heater support day-to-day use of the unit.

Property Size810 SF
Price / SF$216.05
Days on Market29

Property Features for 2510 Canada Drive #A119

General Information

Standard status Active
Size 810 SF
Property subtype Commercial
Zoning CC - Commercial Community

Warehouse & Industrial

Clear Height 18 ft
Power 125 amps
Three-Phase Power No
Sprinkler System Yes

Additional Details

Asking Price $175,000

Building Details

Year Built 2025
Units 72
Listing Agency: Denver Real Estate Connection
Listed By: Kayla Okafor
Source: Denverrealestateconnection
Added: Sep 25 Changed: Oct 23 Last Checked: Oct 23 at 5:54PM

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 Denver Real Estate Connection

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Investment Insights

Based on property information with market context.

This 810-square-foot warehouse unit was built in 2025 and includes water, a natural-gas heater, man doors, and sprinkler protection. The interior offers 18 feet of clear height, with a 15-foot-tall by 12-foot-wide overhead door. Electrical service is provided by a 125-amp, single-phase panel. The property is gated and zoned CC - Commercial Community.

Located at 2510 Canada Drive, Unit A119, in Colorado Springs, the unit measures 45 feet by 18 feet.

Key Highlights

  • 810 SF unit measuring 45' x 18'
  • 18 ft. clear height
  • Overhead door is 15' tall x 12' wide

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,925
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,500 $178.5K
Cap Rate 7%
$127,500 $127.5K
Cap Rate 9%
$99,167 $99.2K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$11.0K $13.56/SF
− Vacancy
−$483 −$0.60/SF
EGI
$10.5K $12.96/SF
− OpEx
−$1.6K −$1.94/SF
NOI
$8.9K $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%
$178,500
Cap Rate 7%
$127,500
Cap Rate 9%
$99,167

Alternative Uses

Best Use
Warehouse
$127.5K
$111.6K – $148.8K (±1% cap)
NOI $8,925 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$160.0K
$140.0K – $186.6K (±1% cap)
NOI $11,197 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Restaurant Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Colorado Springs, CO

4.9% 2019
5.5% 2020
4.7% 2021
4.9% 2022
3.5% 2023
3.8% 2024
5.9% 2025

Similar Off Market Nearby

  • Marksheffel RV/Boat Storage — 7715 Venture St, Colorado Springs, CO 80951

Frequently Asked Questions

What type of property is this?
Warehouse - Water service and a natural-gas heater support day-to-day use of the unit.
Where is this warehouse located?
The property is located at 2510 Canada Drive #A119 Colorado Springs, CO.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 810 SF unit measuring 45' x 18'; 18 ft. clear height; Overhead door is 15' tall x 12' wide
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