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    5740 Industrial Pl Colorado Springs, CO 80916

    Sponsored
    For Sale
    $943,800

    1.43-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.43-acre industrial land parcel presents a compelling investment opportunity in Colorado Springs, Colorado. Located at 5740 Industrial Place, zip code 80916, this property boasts a strategic position within a significant new development area, offering substantial growth potential. The land is zoned PIP2, AO, and RPZ, providing flexibility for a variety of industrial uses. With a land value of $15 per square foot, the asking price is $943,800. The property's APN is 64241-03-015. Its advantageous location places it within easy reach of major transportation arteries and a highly skilled workforce. More than 30,000 employees are located within a three-mile radius, providing a readily available labor pool. Furthermore, its proximity to Peterson Space Force Base and Colorado Springs Airport enhances its logistical appeal and strategic value for businesses seeking efficient operations and convenient access to transportation hubs. This property represents a rare chance to acquire a well-situated industrial lot in a thriving Colorado Springs market. Don't miss this opportunity to secure a foothold in a dynamic and expanding area.

    Property Features for 5740 Industrial Pl

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • $943,800 asking price for 1.43 acres of industrial land.
    • Located at 5740 Industrial Pl, Colorado Springs, CO 80916 (APN 64241‑03‑015).
    • Zoned PIP2, AO, RPZ.
    • Land value: $15/SF.
    • Prime location near Peterson Space Force Base and Colorado Springs Airport, with over 30,000 employees within a 3‑mile radius and significant new development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.721844
    Latitude
    38.8240417

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    FAQs

    What type of property is this?
    Land - 1.43-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 5740 Industrial Pl Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $943,800.
    What are key features of this property?
    This property features: $943,800 asking price for 1.43 acres of industrial land.; Located at 5740 Industrial Pl, Colorado Springs, CO 80916 (APN 64241-03-015).; Zoned PIP2, AO, RPZ.
    Request Owner's contact information
    5740 Industrial Pl Colorado Springs, CO 80916
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    Colorado Springs, CO 80916
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5740 Industrial Pl Colorado Springs, CO 80916
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