18955 Beacon Lite Rd Monument, CO 80132-9242
This exceptional 5,280-square-foot flex space property, located at 18955 Beacon Lite Road in Monument, Colorado, presents a unique investment opportunity. Built in 2020, this single-story building sits on a generous 5.02-acre lot (APN 7111306016) and boasts a highly desirable location with excellent I-25 visibility. The property features a warehouse component and a smaller office area, perfect for a variety of businesses. The asking price is $2,950,000, representing a recent price reduction of $200,000. The property is zoned PUD. The building's 5,280 square feet of net rentable space is priced at $558.71 per square foot. The lot is fully fenced, providing enhanced security, and includes a flat, graded yard with crushed asphalt paving, offering ample functional space. This versatile property is currently vacant and available for a triple net (NNN) lease at $19,000 per month. Don't miss this chance to acquire a highly visible and functional commercial property in a prime Monument location.
Particularly for single-family residences in a PUD, required front-yard setbacks should be established and driveways should be arranged so as to provide off-street parking therein without causing parked autos to block sidewalks. b. The Town may increase or decrease the normally required number of off-street parking spaces based on a consideration of the foll…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Monument, COParticularly for single-family residences in a PUD, required front-yard setbacks should be established and driveways should be arranged so as to provide off-street parking therein without causing parked autos to block sidewalks. b. The Town may increase or decrease the normally required number of off-street parking spaces based on a consideration of the following factors: i. The relationship of the proposed modifications to the stated purposes and intent of the PUD; ii. Probable number of vehicles owned by residents; iii. Parking needs in nonresidential areas; iv. Varying time period of use, whenever joint use of common parking areas is proposed; and v. Availability and use of alternative transportation methods. 9. The final PUD has been shown to fit within the context of the planned land use pattern and roadway and utility systems of the larger surrounding area. E. Satisfaction of conditions; recording. 1. Upon approval by the Board of Trustees, the applicant shall have sixty (60) days from the approval date to satisfy any conditions of approval and record the approved final PUD. Any other documents approved in conjunction with the final PUD, e.g., any separate design guidelines or zoning regulations, must be recorded simultaneously. The applicant may request a single sixty-day extension of the approval and recordation period prior to the end of the initial sixty-day period. Recording fees shall paid by the applicant. 2.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
