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Air-Conditioned Industrial Building
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3524 N Tejon St, Colorado Springs, CO 80907

Vacant 8,643 sq. ft. industrial building with a fenced yard, 400-amp three-phase power, and air conditioning.

Property Size8,643 SF
Price / SF$104.13
Days on Market179

Property Features for 3524 N Tejon St

General Information

Standard status Active
Size 8,643 SF
Property subtype INDUSTRIAL
Listing Agency: ReMax Properties
Listed By: Rob Rolley · License #FA40047227
Source: Moodyscre
Added: Feb 1 Changed: Jul 29 Last Checked: Jul 29 at 4:43AM

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 ReMax Properties

Investment Insights

Based on property information with market context.

This vacant industrial building offers 8,643 square feet of space inside and sits on a 0.52-acre lot. The property includes a fenced yard and is fully air-conditioned. Power is available via three-phase service rated at 400 amps, and the layout includes designated flower rooms, supporting cultivation-focused use alongside industrial storage or contractor space.

The building is located in a quiet industrial area with access to major highways, including I-25, and is positioned minutes from Downtown Colorado Springs.

An adjacent property at 3516 N Tejon Street is also available for purchase, with a lease in place until 2027.

Key Highlights

  • Vacant 8,643 sq. ft. industrial building on a 0.52‑acre lot at 3524 N Tejon St, Colorado Springs, CO 80907
  • Fenced yard with 400‑amp three‑phase power available
  • Fully air‑conditioned building

Financial Insights For Industrial

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 $117.2k $13.56
− Vacancy −$5.2k −$0.60
EGI $112.0k $12.96
− OpEx −$33.6k −$3.89
NOI $78.4k $9.07
8,643 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,236 @ 7.0% cap · market cap 10.58%
Second Best
Flex RnD
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,258 @ 7.0% cap · market cap 9.25%
Theoretical Best
Specialty Retail
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,481 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Pet Grooming Service Computer & Electronic Repair Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

1,439
Businesses Nearby

Demographics for 80907, CO

28,806
Population
13,250
Households
2.2
Avg Household Size
40
Median Age
40%
College-Educated
93%
High-School Grad
9.8 sq mi
ZIP Area
2,939
Density / Sq Mi
$71,393
Median Household Income
$41,355
Median Earnings
$1,392
Median Rent
$371,200
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Vacant 8,643 sq. ft. industrial building with a fenced yard, 400-amp three-phase power, and air conditioning.
Where is this cannabis property located?
The property is located at 3524 N Tejon St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Vacant 8,643 sq. ft. industrial building on a 0.52‑acre lot at 3524 N Tejon St, Colorado Springs, CO 80907; Fenced yard with 400‑amp three‑phase power available; Fully air‑conditioned building
(719) 235-7499 Call to check price and availability
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