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Heated Flex Industrial Condominium
For Sale
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Pending

2555 WESTON RD, Colorado Springs, CO 80910

M2-zoned condominium combines a heated work area, office, restroom, and three-phase power.

Property Size1,513 SF
Days on Market69

Property Features for 2555 WESTON RD

General Information

Standard status Pending
Size 1,513 SF
Class C
Total Parking Spaces 4
Property subtype Industrial
Zoning M2
Investment Type Owner/User

Site & Location

Highway Access Yes
Utilities to Site Yes

Warehouse & Industrial

Power 200 amps
Three-Phase Power Yes

Building Details

Year Built 1967
Buildings 1
Stories 1
Units 1
Listing Agency: RE/MAX Properties
Listed By: Rob Rolley · License #FA40047227
Source: Crexi
Added: Aug 10 Changed: Oct 6 Last Checked: Oct 16 at 7:34AM

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 RE/MAX Properties

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Investment Insights

Based on property information with market context.

This 1,513 SF industrial condominium provides a practical combination of heated warehouse space and office area, along with a restroom. The property includes 200 Amp, 3-phase electrical service and newly installed wall-mounted ventilation fans, supporting a range of industrial operations. Constructed in 1967, the facility is suited to users requiring both work and administrative areas within one unit.

The property is located at 2555 Weston Rd in Colorado Springs, with access to Hancock Expressway, South Circle Drive, and I-25. M2 zoning adds an important land-use designation for evaluating the property. The layout and infrastructure provide a straightforward format for industrial, fabrication, automotive, contractor, or light manufacturing operations, as identified in the property information.

Key Highlights

  • 1,513 SF industrial condominium with warehouse, office, and restroom
  • 200 Amp, 3‑phase electrical service
  • Heated warehouse and office areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,672
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,440 $333.4K
Cap Rate 7%
$238,171 $238.2K
Cap Rate 9%
$185,244 $185.2K
Market Conditions
NOI Build-Up for 1,513 SF
Gross rent
$20.5K $13.56/SF
− Vacancy
−$903 −$0.60/SF
EGI
$19.6K $12.96/SF
− OpEx
−$2.9K −$1.94/SF
NOI
$16.7K $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%
$333,440
Cap Rate 7%
$238,171
Cap Rate 9%
$185,244

Alternative Uses

Best Use
Warehouse
$238.2K
$208.4K – $277.9K (±1% cap)
NOI $16,672 @ 7.0% cap · market cap 7.41%
Second Best
Office B
$212.8K
$186.2K – $248.2K (±1% cap)
NOI $14,894 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$298.8K
$261.5K – $348.6K (±1% cap)
NOI $20,916 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Pharmacy Parking Lot & Garage

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

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80910, CO

30,991
Population
13,940
Households
2.2
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
6.1 sq mi
ZIP Area
5,080
Density / Sq Mi
$56,681
Median Household Income
$37,110
Median Earnings
$1,299
Median Rent
$276,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Colorado Springs, CO

7.9% 2019
8.1% 2020
9.3% 2021
8.5% 2022
10.6% 2023
9.5% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Flex space - M2-zoned condominium combines a heated work area, office, restroom, and three-phase power.
Where is this flex space located?
The property is located at 2555 WESTON RD Colorado Springs, CO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,513 SF industrial condominium with warehouse, office, and restroom; 200 Amp, 3‑phase electrical service; Heated warehouse and office areas
(719) 570-9000 Call to check price and availability
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