Three-Building Mixed-Use
New
For Sale
$1,100,000
5990 Tuckerman Ln, Colorado Springs, CO 80918
MX-M zoning and fenced outdoor storage complement the industrial and office components.
Property Size4,455 SF
Days on Market1
Property Features for 5990 Tuckerman Ln
General Information
Standard status
Active
Size
4,455 SF
Property subtype
Industrial
Zoning
MX-M
Site & Location
Neighborhood
Vista Grande
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Property Use
Industrial/Manufacturing
Building Details
Building Size
4,455 SF
Year Built
1995
Buildings
3
Listing Agency:
Miramont Commercial Real Estate
Listed By:
Simon Penner
(719) 229-1585
Source:
Miramontcre
Added: Oct 30
Last Checked: Oct 30 at 2:20PM
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 Miramont Commercial Real Estate
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.
The property comprises three buildings with industrial and manufacturing space alongside an office building. The office has newer carpet, tile, and paint, while fenced outdoor storage adds an exterior component. Existing automotive tools and equipment may be negotiated separately.
The site is zoned MX-M and was built in 1995.
The site is zoned MX-M and was built in 1995.
Key Highlights
- Three‑building industrial and manufacturing property with an office component
- MX‑M zoning
- Fenced outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,816
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,320
$1.3M
Cap Rate 7%
$897,371
$897.4K
Cap Rate 9%
$697,956
$698.0K
Market Conditions
NOI Build-Up for 4,455 SF
Gross rent
$106.9K $24.00/SF
− Vacancy
−$6.4K −$1.44/SF
EGI
$100.5K $22.56/SF
− OpEx
−$37.7K −$8.46/SF
NOI
$62.8K $14.10/SF
Area
ZIP 80918
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,320
Cap Rate 7%
$897,371
Cap Rate 9%
$697,956
Alternative Uses
Best Use
Mixed Use
$897.4K
$785.2K – $1.05M
NOI $62,816 @ 7.0% cap · market cap 5.71%
Second Best
Industrial
$511.1K
$447.2K – $596.3K
NOI $35,775 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.14M
$996.3K – $1.33M
NOI $79,706 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,915
Businesses Nearby
Explore this area
Business Placement
Demographics for 80918, CO
47,453
Population
20,447
Households
2.3
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
3,954
Density / Sq Mi
$82,743
Median Household Income
$42,596
Median Earnings
$1,572
Median Rent
$414,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Frequently Asked Questions
What type of property is this?
Mixed-use property - MX-M zoning and fenced outdoor storage complement the industrial and office components.
Where is this mixed-use property located?
The property is located at 5990 Tuckerman Ln Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three‑building industrial and manufacturing property with an office component; MX‑M zoning; Fenced outdoor storage
