Flex Property with Loading
For Sale
Contact for pricing
3950 East Bijou Street, Colorado Springs, CO 80909
Office and warehouse components combine with new finishes and on-site parking in a business park setting.
Property Size28,838 SF
Lot Size3.30 Acres
Price / SF$190.72
Days on Market157
Property Features for 3950 East Bijou Street
General Information
Standard status
Active
Size
28,838 SF
Lot size
3.30 Acres
Property subtype
Office, Industrial
Investment Type
Owner/User
Additional Details
Asking Price
$5,500,000
Building Details
Units
84
Tenancy
Multi
Building Size
28,838 SF
Listing Agency:
Core Commercial Brokerage (CO)
Listed By:
Parker Curry · License #EA100076936
(719) 822-1880
Source:
Crexi
Added: May 14
Changed: Oct 13
Last Checked: Oct 16 at 5:55AM
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 Core Commercial Brokerage (CO)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 28,838-square-foot flex property occupies 3.3 acres within Town and Country Business Park. The improvements combine office and warehouse areas, with multiple grade-level loading doors supporting functional access for industrial and flex operations. Office sections feature extensive glass, while new finishes have been installed throughout the property.
Ample parking serves the building, and the property includes significant income already in place. Its combination of office, warehouse, loading, and parking components provides a versatile commercial configuration within an established business park environment.
Ample parking serves the building, and the property includes significant income already in place. Its combination of office, warehouse, loading, and parking components provides a versatile commercial configuration within an established business park environment.
Key Highlights
- 28,838‑square‑foot flex property on 3.3 acres
- Multiple grade‑level loading doors
- Office and warehouse components in one facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$317,762
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,355,240
$6.4M
Cap Rate 7%
$4,539,457
$4.5M
Cap Rate 9%
$3,530,689
$3.5M
Market Conditions
NOI Build-Up for 28,838 SF
Gross rent
$391.0K $13.56/SF
− Vacancy
−$17.2K −$0.60/SF
EGI
$373.8K $12.96/SF
− OpEx
−$56.1K −$1.94/SF
NOI
$317.8K $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%
$6,355,240
Cap Rate 7%
$4,539,457
Cap Rate 9%
$3,530,689
Alternative Uses
Best Use
Warehouse
$4.54M
$3.97M – $5.30M
NOI $317,762 @ 7.0% cap · market cap 5.78%
Second Best
Office B
$4.06M
$3.55M – $4.73M
NOI $283,874 @ 7.0% cap · market cap 5.16%
Theoretical Best
Specialty Retail
$5.70M
$4.98M – $6.64M
NOI $398,657 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Balanced
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Colorado Springs, CO
Similar Off Market Nearby
- The Great Southern Food Truck
- Woodys Backyard Grill — 517 Potter Cir, Colorado Springs, CO 80909
- Phat Boi BBQ Gourmet Dogs, Sausages & Burgers — 4311 Galley Rd, Colorado Springs, CO 80915
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse components combine with new finishes and on-site parking in a business park setting.
Where is this flex space located?
The property is located at 3950 East Bijou Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 28,838‑square‑foot flex property on 3.3 acres; Multiple grade‑level loading doors; Office and warehouse components in one facility
