Office-Warehouse Flex
New
For Sale
$1,600,000
7302 Cole View, Colorado Springs, CO 80915
A divided office and shop layout includes private work areas, conference space, and a secured outdoor yard.
Property Size5,000 SF
Price / SF$320
Days on Market7
Property Features for 7302 Cole View
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Warehouse/Storage
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
2,500 SF
Office Build-Out
2,500 SF
Additional Details
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$16,878
Amenities
reception area
conference room
kitchen/break room
shower
Building Details
Year Built
2019
Building Size
5,000 SF
Listing Agency:
Blue Picket Realty
Listed By:
Alberto Castro SRES
(719) 357-7653
Source:
Kap-lyons
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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 Blue Picket Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2019 flex property in Colorado Springs contains approximately 5,000 square feet, divided evenly between office and warehouse/shop areas. The office side includes reception, private offices, a conference room, two restrooms, and a kitchen/break room. Updated finishes are present in the office space. The warehouse/shop area has an additional restroom and shower, while a fenced outdoor yard provides space for equipment, materials, or storage.
Key Highlights
- Approximately 5,000 square feet, with 2,500 SF of office and 2,500 SF of warehouse/shop space
- Office area includes reception, private offices, a conference room, two restrooms, and a kitchen/break room
- Warehouse/shop area includes an additional restroom and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,094
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,880
$1.1M
Cap Rate 7%
$787,057
$787.1K
Cap Rate 9%
$612,156
$612.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$67.8K $13.56/SF
− Vacancy
−$3.0K −$0.60/SF
EGI
$64.8K $12.96/SF
− OpEx
−$9.7K −$1.94/SF
NOI
$55.1K $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%
$1,101,880
Cap Rate 7%
$787,057
Cap Rate 9%
$612,156
Alternative Uses
Best Use
Warehouse
$787.1K
$688.7K – $918.2K
NOI $55,094 @ 7.0% cap · market cap 3.44%
Second Best
Flex RnD
$688.1K
$602.1K – $802.8K
NOI $48,165 @ 7.0% cap · market cap 3.01%
Theoretical Best
Specialty Retail
$987.4K
$864.0K – $1.15M
NOI $69,120 @ 7.0% cap · market cap 4.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80915, CO
22,548
Population
9,434
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
2,854
Density / Sq Mi
$67,761
Median Household Income
$38,968
Median Earnings
$1,424
Median Rent
$328,200
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?
Flex space - A divided office and shop layout includes private work areas, conference space, and a secured outdoor yard.
Where is this flex space located?
The property is located at 7302 Cole View Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 5,000 square feet, with 2,500 SF of office and 2,500 SF of warehouse/shop space; Office area includes reception, private offices, a conference room, two restrooms, and a kitchen/break room; Warehouse/shop area includes an additional restroom and shower
