Versatile Industrial/Flex Property For
For Sale
$1,200,000
3725 E Pikes Peak Ave, Colorado Springs, CO 80909
Functional 5,189 SF building on 0.57-acre lot in Colorado Springs.
Property Size5,189 SF
Lot Size0.57 Acres
Price / SF$231.26
Days on Market222
Property Features for 3725 E Pikes Peak Ave
General Information
Standard status
Active
Size
5,189 SF
Lot size
0.57 Acres
Property subtype
Flex, Industrial
Zoning
C6 SS AO
Building Details
Building Size
5,189 SF
Listing Agency:
Hoff & Leigh
(719) 630-2277
Listed By:
Tim Leigh · License #EA314631
(719) 337-9551
Source:
Hoffleigh
Added: Mar 6
Changed: Oct 4
Last Checked: Oct 12 at 4:33PM
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
Investment Insights
Based on property information with market context.
Located at 3725 E Pikes Peak Avenue in Colorado Springs, Colorado, this versatile industrial/flex property offers a functional building on a 0.57-acre lot. The building is approximately 5,189 square feet, providing flexibility for a variety of uses including contractor, service, warehouse, or light industrial operations. It has convenient access to major thoroughfares and surrounding commercial areas throughout Colorado Springs. The property's central location and adaptable space make it an excellent opportunity for an owner-user or investor.
Key Highlights
- Functional 5,189 SF industrial/flex building.
- Large 0.57‑acre lot suitable for various uses (contractor, service, warehouse, light industrial).
- Excellent central location in Colorado Springs with convenient access to major thoroughfares.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,986
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,720
$999.7K
Cap Rate 7%
$714,086
$714.1K
Cap Rate 9%
$555,400
$555.4K
Market Conditions
NOI Build-Up for 5,189 SF
Gross rent
$80.9K $15.60/SF
− Vacancy
−$4.0K −$0.78/SF
EGI
$76.9K $14.82/SF
− OpEx
−$26.9K −$5.19/SF
NOI
$50.0K $9.63/SF
Area
Colorado Springs, CO
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,720
Cap Rate 7%
$714,086
Cap Rate 9%
$555,400
Alternative Uses
Best Use
Flex RnD
$714.1K
$624.8K – $833.1K
NOI $49,986 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$672.7K
$588.6K – $784.8K
NOI $47,087 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$1.02M
$896.7K – $1.20M
NOI $71,733 @ 7.0% cap · market cap 5.98%
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
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80909, CO
37,302
Population
16,572
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
4,722
Density / Sq Mi
$61,777
Median Household Income
$36,894
Median Earnings
$1,227
Median Rent
$352,400
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
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Frequently Asked Questions
What type of property is this?
Flex space - Functional 5,189 SF building on 0.57-acre lot in Colorado Springs.
Where is this flex space located?
The property is located at 3725 E Pikes Peak Ave Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Functional 5,189 SF industrial/flex building.; Large 0.57‑acre lot suitable for various uses (contractor, service, warehouse, light industrial).; Excellent central location in Colorado Springs with convenient access to major thoroughfares.
