High-Power Flex Space
For Sale
$5,900,000
4975 N 30th Street, Colorado Springs, CO 80919
Commercial, Colorado Springs, CO
Property Size42,759 SF
Lot Size4.30 Acres
Price / SF$137.98
Days on Market175
Property Features for 4975 N 30th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
4.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
30970
Building Details
Year built
1983
Listing Agency:
Venterra Real Estate LLC
(719) 368-7639
Listed By:
Austin Collins PSA SFR · License #FA.100101766
(719) 204-1429
Added: Mar 17
Changed: Sep 5
Last Checked: Sep 7 at 7:06AM
MLS# 8334214
Copyright © 2026 elevateMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex space property includes two buildings totaling 42,759 square feet on a 4.3-acre site. The improvements provide 32,809 square feet of warehouse area and 9,950 square feet of office space, with 17-foot clear heights, three dock-high loading doors, and fire suppression sprinklers. The facility was built in 1983 and includes 75 parking spaces.
Electrical infrastructure includes 3,000-amp, 277/480-volt, three-phase service, identified as 2.5 MW. The site offers access to I-25 and Garden of the Gods Road. Its combination of warehouse, office, loading, parking, and power infrastructure supports manufacturing, distribution, fabrication, and service-based operations.
Electrical infrastructure includes 3,000-amp, 277/480-volt, three-phase service, identified as 2.5 MW. The site offers access to I-25 and Garden of the Gods Road. Its combination of warehouse, office, loading, parking, and power infrastructure supports manufacturing, distribution, fabrication, and service-based operations.
Key Highlights
- 42,759 SF across two buildings on 4.3 acres
- 32,809 SF of warehouse space and 9,950 SF of office space
- 3,000 amp, 277/480v, 3‑phase power identified as 2.5 MW
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
Flex RnD
$5.88M
$5.15M – $6.86M
NOI $411,897 @ 7.0% cap · market cap 6.98%
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
Property Profile
Current Use
Lease Details
17 ft
Clear height
3
Dock-high doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Under-served
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 Industrial in Colorado Springs, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two-building industrial property with substantial warehouse capacity, office space, loading access, and heavy electrical service.
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 4.3 acres; 32,809 SF of warehouse space and 9,950 SF of office space; 3,000 amp, 277/480v, 3‑phase power identified as 2.5 MW
