Versatile Flex Space with
2811-2811 N Prospect St Colorado Springs, CO 80907
2811-2811 N Prospect St, Colorado Springs, CO, 80907
Contact for pricing
For Sale
Contact for pricing
Adaptable commercial space with showroom, warehouse, and secure yard.
Property Size4,924 SF
Price / SF$223.40
Days on Market80
Property Features for 2811-2811 N Prospect St
General Information
- Standard status
- Active
- Size
- 4,924 SF
- Property subtype
- INDUSTRIAL
Properties For Sale
at 2811-2811 N Prospect St Contact us
Listing Agency
David Commercial Real Estate/KW Premier Realty
(719) 425-7139
Listed by
Caleb David (he/him/his)
(719) 425-7139
Source
Moodyscre
Added: Apr 29 Checked: Jul 16 at 8:28 am
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 David Commercial Real Estate/KW Premier Realty
Investment Insights
Based on property information with market context.
This commercial property offers a versatile space suitable for a range of business operations, featuring a functional layout designed for distribution, trades, or light manufacturing. The property includes a dedicated showroom area that provides a customer-facing presence with street visibility, seamlessly connecting retail or client space with back-of-house operations. The clear-span warehouse interior allows for maximum operational flexibility. The property is equipped with two grade-level overhead doors, facilitating easy freight access, and includes a small, secure fenced yard suitable for equipment, vehicles, or outdoor storage. Drive-in access is available for trucks and large vehicles. Additionally, the property features a private office or administrative area. It is suited to contractors, suppliers, or service businesses that sell direct. The property has a total size of 4924 square feet.
Key Highlights
- Two grade‑level overhead doors for easy freight access
- Small secure fenced yard for equipment, vehicles, or outdoor storage
- Dedicated showroom with strong street presence
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.8k | $13.56 |
| − Vacancy | −$2.9k | −$0.60 |
| EGI | $63.8k | $12.96 |
| − OpEx | −$9.6k | −$1.94 |
| NOI | $54.3k | $11.02 |
4,924 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$775.1K
$678.2K – $904.3K
NOI $54,257 @ 7.0% cap · market cap 4.93%
Second Best
Flex RnD
$677.6K
$592.9K – $790.6K
NOI $47,433 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$972.4K
$850.9K – $1.13M
NOI $68,069 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Adaptable commercial space with showroom, warehouse, and secure yard.
Where is this flex space located?
The property is located at 2811-2811 N Prospect St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two grade‑level overhead doors for easy freight access; Small secure fenced yard for equipment, vehicles, or outdoor storage; Dedicated showroom with strong street presence
