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    228 Auburn Dr Colorado Springs, CO 80909

    Sponsored
    For Lease
    $15 SF/Yr ($12,871 /Mo)

    Prime Office Space, Multiple Units Available

    Lot size:
    10,297 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story office building, totaling 10,297 square feet, presents a unique opportunity for businesses seeking versatile workspace. Situated on a 1.1-acre lot, the property boasts a blend of traditional and creative office spaces, perfect for a variety of professional needs. Currently, there are three individual office spaces available, ranging in size from 260 to 261 square feet, offering flexibility for small teams or individual entrepreneurs. Built in 1972, the Class C building is well-maintained and offers a central and accessible location, making it an ideal choice for companies seeking convenient access to key transportation routes and amenities. The building's 520 square feet of vacant space provides additional potential for expansion or customization. With multiple tenancy options, this property is well-suited for a variety of business models, offering a blend of established infrastructure and adaptable space to meet evolving needs. The property's ample square footage and convenient location make it an attractive investment for businesses seeking a functional and accessible workspace. The combination of traditional and creative office space allows for a diverse range of potential tenants. This is a rare opportunity to secure office space in a well-established building with significant potential.

    Property Features for 228 Auburn Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,297 SF
    Class
    C
    Total Rate
    12871.25

    Building Details

    Year Built
    1972
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 9
    Size
    260 SF
    Rate per SF
    $15
    Space
    Available Space 5
    Size
    260 SF
    Rate per SF
    $15
    Space
    Available Space 8
    Size
    260 SF
    Rate per SF
    $15

    HighLights

    • 10,297 SF office building with 520 SF currently vacant.
    • Two‑story, Class C building constructed in 1972.
    • Located on 1.1 acres of land.
    • Multiple tenancies available.
    • Three available office spaces ranging from 260 to 261 SF each.
    • Traditional and creative office space options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Professional Accounting & Tax Accountant King Pest Solutions Pest Control Service Integrity sounds lab Corporate Office Crown Inc. Commercial ... Commercial Cleaning Service HomeRiver Group Colorado ... Property Management Company

    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
    -104.7633517
    Latitude
    38.8370976

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    FAQs

    What type of property is this?
    Office space - Prime Office Space, Multiple Units Available
    Where is this office space located?
    The property is located at 228 Auburn Dr Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10,297 SF office building with 520 SF currently vacant.; Two-story, Class C building constructed in 1972.; Located on 1.1 acres of land.
    Request Owner's contact information
    228 Auburn Dr Colorado Springs, CO 80909
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    Colorado Springs, CO 80909
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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
    228 Auburn Dr Colorado Springs, CO 80909
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