Warehouse For
5655 Parachute Circle Colorado Springs, CO 80916
5655 Parachute Circle, Colorado Springs, CO, 80916
Contact for pricing
For Sale
Contact for pricing
For-sale warehouse property offers approximately 10,000 square feet of industrial space.
Property Size10,000 SF
Price / SF$200
Days on Market78
Property Features for 5655 Parachute Circle
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1995
Listing agency
Core Commercial Brokerage (CO)
(719) 822-1880
Listed by
Parker Curry · License #EA100076936
Source
Crexi
Added: May 6 Updated: Jul 21 at 4:14AM Checked: Jul 21 at 4:14AM
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)
Investment Insights
Based on property information with market context.
This for-sale warehouse property is listed as industrial/commercial real estate and includes approximately 10,000 square feet of space. The listing is categorized under warehouses and other warehouses, supporting a flexible warehouse use profile.
The property is located at 5655 Parachute Circle in Colorado Springs, Colorado (80916).
The property is located at 5655 Parachute Circle in Colorado Springs, Colorado (80916).
Key Highlights
- Warehouse with approximately 10,000 SF of industrial space
- Built in 1995
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.6k | $13.56 |
| − Vacancy | −$5.4k | −$0.54 |
| EGI | $130.2k | $13.02 |
| − OpEx | −$19.5k | −$1.95 |
| NOI | $110.6k | $11.06 |
10,000 SF · lease $13.56/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,650 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,570 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Boyd Auto Racing
Racecourse
Maxus Excavating
General Contractor
Similar For Sale Nearby
Similar Off Market Nearby
- Storage Star Colorado Springs — 1935 Aerotech Dr, Colorado Springs, CO 80916
FAQs
What type of property is this?
Warehouse - For-sale warehouse property offers approximately 10,000 square feet of industrial space.
Where is this warehouse located?
The property is located at 5655 Parachute Circle Colorado Springs, CO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Warehouse with approximately 10,000 SF of industrial space; Built in 1995
