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    5010 Centennial Blvd Colorado Springs, CO 80907

    For Sale
    $5,750,999

    Colorado Springs warehouse, ideal for owner-user.

    Property size:
    34,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 34,200-square-foot industrial property, located at 5010 Centennial Blvd in Colorado Springs, Colorado, presents a unique owner-user opportunity. The single-story building sits on a 2.16-acre lot and features a desirable blend of warehouse and office space. The warehouse comprises 29,412 square feet (86% of the total), while the office space totals 4,788 square feet (14%). The building benefits from 100% air conditioning and mounted gas-fed heaters throughout the warehouse, ensuring year-round climate control. Functionality is maximized with floor drains running the length of the west and east warehouse sides. Six loading docks and one dock-high door provide efficient loading and unloading capabilities. The ceiling height is 16 feet, offering ample vertical space. The property is zoned BP and is situated in a prime Colorado Springs submarket known for its thriving manufacturing and technology sectors. This location offers proximity to major corporations including Amazon, Entegris, SRAM, GRAINGER, and Verizon, providing excellent networking and logistical advantages. The asking price is $5,750,999, translating to $168.16 per square foot. This represents a compelling investment opportunity for businesses seeking a strategic location and functional space in a high-demand area.

    Property Features for 5010 Centennial Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    34,200 SF
    Lot Size
    94,090 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 34,200‑square‑foot warehouse with 4,788 square feet (14%) of office space and 29,412 square feet (86%) of warehouse space.
    • Fully air‑conditioned building with gas‑fired heaters in the warehouse.
    • Functional distribution space featuring floor drains throughout the warehouse.
    • Located in a prime Colorado Springs submarket known for manufacturing and technology.
    • Strong tenant roster including Amazon, Entegris, SRAM, Grainger, and Verizon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Ship Center Logistics Service LC Real Estate ... Real Estate Agency COSA Car Repair And Maintenance Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -104.8576841
    Latitude
    38.9026043

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    FAQs

    What type of property is this?
    Distribution property - Colorado Springs warehouse, ideal for owner-user.
    Where is this distribution property located?
    The property is located at 5010 Centennial Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $5,750,999.
    What are key features of this property?
    This property features: 34,200-square-foot warehouse with 4,788 square feet (14%) of office space and 29,412 square feet (86%) of warehouse space.; Fully air-conditioned building with gas-fired heaters in the warehouse.; Functional distribution space featuring floor drains throughout the warehouse.
    Request Owner's contact information
    5010 Centennial Blvd Colorado Springs, CO 80907
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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
    5010 Centennial Blvd Colorado Springs, CO 80907
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