High-Power Flex Space
New
For Sale
$5,900,000
4975 N 30th Street, Colorado Springs, CO 80919
Two-building industrial campus supports manufacturing, distribution, fabrication, and service operations with warehouse, office, loading, and power infrastructure.
Property Size42,759 SF
Lot Size4.30 Acres
Price / SF$137.98
Days on Market2
Property Features for 4975 N 30th Street
General Information
Standard status
Active
Size
42,759 SF
Total Parking Spaces
75
Lot size
4.30 Acres
Property subtype
Commercial
Warehouse & Industrial
Clear Height
17 ft
Warehouse Space
32,809 SF
Office Build-Out
9,950 SF
Dock-High Doors
3
Power
3,000 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$30,969
Building Details
Year Built
1983
Buildings
2
Units
2
Listing Agency:
Venterra Real Estate LLC
(719) 204-1429
Listed By:
Austin Collins PSA SFR · License #FA.100101766
(719) 204-1429
Source:
Pikespeakdreamhomesrealty
Added: Aug 6
Changed: Aug 7
Last Checked: Aug 7 at 1:59AM
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 Venterra Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 1983, this 42,759-square-foot flex space property comprises two buildings: one measuring 22,759 square feet and the other 20,000 square feet. The improvements include 32,809 square feet of warehouse area and 9,950 square feet of office space, with a 17-foot clear height and three dock-high loading doors.
The 4.3-acre site provides 75 parking spaces and includes 3,000-amp, 277/480v, 3-phase electrical service with 2.5 MW capacity. The property is positioned in the west side industrial corridor near the Mountain Shadows sub area, with access to I-25 and Garden of the Gods Road. The configuration supports manufacturing, distribution, fabrication, and service-based operations, while the site area accommodates fleet parking, equipment storage, or future expansion.
The 4.3-acre site provides 75 parking spaces and includes 3,000-amp, 277/480v, 3-phase electrical service with 2.5 MW capacity. The property is positioned in the west side industrial corridor near the Mountain Shadows sub area, with access to I-25 and Garden of the Gods Road. The configuration supports manufacturing, distribution, fabrication, and service-based operations, while the site area accommodates fleet parking, equipment storage, or future expansion.
Key Highlights
- 42,759 SF across two buildings on a 4.3‑acre site
- 32,809 SF of warehouse space and 9,950 SF of office space
- 3,000 amp, 277/480v, 3‑phase power with 2.5 MW capacity
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$471,155
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,423,100
$9.4M
Cap Rate 7%
$6,730,786
$6.7M
Cap Rate 9%
$5,235,056
$5.2M
Market Conditions
NOI Build-Up for 42,759 SF
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.
Gross rent
$579.8K $13.56/SF
− Vacancy
−$25.5K −$0.60/SF
EGI
$554.3K $12.96/SF
− OpEx
−$83.1K −$1.94/SF
NOI
$471.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$9,423,100
Cap Rate 7%
$6,730,786
Cap Rate 9%
$5,235,056
Alternative Uses
Best Use
Warehouse
$6.73M
$5.89M – $7.85M
NOI $471,155 @ 7.0% cap · market cap 7.99%
Second Best
Office B
$6.01M
$5.26M – $7.02M
NOI $420,909 @ 7.0% cap · market cap 7.13%
Theoretical Best
Specialty Retail
$8.44M
$7.39M – $9.85M
NOI $591,100 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
17 ft
Clear height
3
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80919, CO
28,909
Population
12,033
Households
2.4
Avg Household Size
43
Median Age
62%
College-Educated
98%
High-School Grad
27.4 sq mi
ZIP Area
1,055
Density / Sq Mi
$116,316
Median Household Income
$60,084
Median Earnings
$1,800
Median Rent
$570,200
Median Home Value
Market
Vacancy Rate% for Office in Colorado Springs, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial campus supports manufacturing, distribution, fabrication, and service operations with warehouse, office, loading, and power infrastructure.
Where is this flex space located?
The property is located at 4975 N 30th Street Colorado Springs, CO.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 42,759 SF across two buildings on a 4.3‑acre site; 32,809 SF of warehouse space and 9,950 SF of office space; 3,000 amp, 277/480v, 3‑phase power with 2.5 MW capacity
