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    5030 Edison Ave Colorado Springs, CO 80915

    For Sale
    $1,150,000

    9,000 SF Medical Office Building, NNN Lease

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 9,000-square-foot medical office building in Colorado Springs, CO, presents a unique investment opportunity. Situated on a 1.23-acre lot at 5030 Edison Avenue, 80915, this newly constructed building offers significant value. Currently, approximately half the space is occupied by a Department of Defense contractor, providing immediate rental income. The remaining space is available for owner-occupancy or leasing. The asking price is $1,150,000, representing a significant discount compared to the estimated $150 per square foot replacement cost, resulting in an immediate savings of approximately $200,000. The property boasts a desirable location near Peterson Air Force Base (Platte & Powers). Annual property taxes are $18,137, and annual insurance is approximately $1,800. The building is offered with a triple net (NNN) lease structure. A potential gross lease rate of $14 per square foot is also available, excluding utilities. This presents a compelling opportunity for both owner-occupiers and investors seeking a strong return on investment in a prime Colorado Springs location.

    Property Features for 5030 Edison Ave

    General Information

    Property type
    Medical offices
    Square Feet
    9,000 SF
    Lot Size
    53,579 SF

    HighLights

    • $1,150,000 asking price for this 9,000 square foot medical office building.
    • Located at 5030 Edison Avenue, Colorado Springs, CO 80915, on a 1.23‑acre lot.
    • NNN lease type.
    • $127.78 price per square foot.
    • Newly constructed building, approximately 8,872 square feet, with half currently occupied by a DOD contractor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Uti Transport Solutions Trucking Company Sigmatech Government

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -104.7341927
    Latitude
    38.840211

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    FAQs

    What type of property is this?
    Medical office - 9,000 SF Medical Office Building, NNN Lease
    Where is this medical office located?
    The property is located at 5030 Edison Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: $1,150,000 asking price for this 9,000 square foot medical office building.; Located at 5030 Edison Avenue, Colorado Springs, CO 80915, on a 1.23-acre lot.; NNN lease type.
    Request Owner's contact information
    5030 Edison Ave Colorado Springs, CO 80915
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    Colorado Springs, CO 80915
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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
    5030 Edison Ave Colorado Springs, CO 80915
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