Office-Flex
For Sale
Contact for pricing
5070-5090 List Dr, Colorado Springs, CO 80919
A professional office area pairs with open warehouse space in this single-unit offering.
Property Size3,772 SF
Price / SF$198.83
Days on Market41
Property Features for 5070-5090 List Dr
General Information
Standard status
Active
Size
3,772 SF
Property subtype
INDUSTRIAL
Additional Details
Asking Price
$750,000
Listing Agency:
Ampeli CRE
Listed By:
Tyson Liese
(719) 231-1128
Source:
Moodyscre
Added: Sep 10
Changed: Oct 19
Last Checked: Oct 19 at 2:45PM
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 Ampeli CRE
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 office-flex condominium combines a professional office component with open warehouse space. The offering covers one condominium unit with approximately 3,772 square feet.
Located in northwest Colorado Springs, the property is convenient to I-25 and Garden of the Gods.
Located in northwest Colorado Springs, the property is convenient to I-25 and Garden of the Gods.
Key Highlights
- Single condominium unit with approximately 3,772 square feet
- Professional office component and open warehouse area
- Northwest Colorado Springs location convenient to I‑25 and Garden of the Gods
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,563
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,260
$831.3K
Cap Rate 7%
$593,757
$593.8K
Cap Rate 9%
$461,811
$461.8K
Market Conditions
NOI Build-Up for 3,772 SF
Gross rent
$51.1K $13.56/SF
− Vacancy
−$2.3K −$0.60/SF
EGI
$48.9K $12.96/SF
− OpEx
−$7.3K −$1.94/SF
NOI
$41.6K $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%
$831,260
Cap Rate 7%
$593,757
Cap Rate 9%
$461,811
Alternative Uses
Best Use
Warehouse
$593.8K
$519.5K – $692.7K
NOI $41,563 @ 7.0% cap · market cap 5.54%
Second Best
Flex RnD
$519.1K
$454.2K – $605.6K
NOI $36,336 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$744.9K
$651.8K – $869.1K
NOI $52,144 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
975
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
Similar Off Market Nearby
- Bird Dog BBQ — 4153 Centennial Blvd, Colorado Springs, CO 80907
Frequently Asked Questions
What type of property is this?
Flex space - A professional office area pairs with open warehouse space in this single-unit offering.
Where is this flex space located?
The property is located at 5070-5090 List Dr Colorado Springs, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Single condominium unit with approximately 3,772 square feet; Professional office component and open warehouse area; Northwest Colorado Springs location convenient to I‑25 and Garden of the Gods
