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    625 Paonia St Colorado Springs, CO 80915

    Sponsored
    For Lease
    $12 SF/Yr

    1 Acre Industrial Lot, Excellent Access

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre parcel presents a unique opportunity for industrial or commercial development. Strategically located off the intersection of Powers Boulevard and Highway 24, this property boasts unparalleled accessibility and visibility. The single-tenant configuration offers flexibility for a variety of uses, eliminating the complexities of multi-tenant management. Ample on-site parking is readily available, catering to both employees and clients. Furthermore, the property's proximity to public transportation provides convenient commuting options for staff and visitors. The land is offered at a highly competitive rate of $1 per square foot on a gross lease basis, making it an attractive investment for businesses seeking a cost-effective and strategically positioned location. This prime location offers significant potential for growth and profitability, making it an ideal choice for companies seeking to establish or expand their operations in a thriving area. The ease of access to major transportation arteries ensures seamless logistics and efficient distribution networks. This property is ready for immediate development, presenting a rare opportunity to secure a valuable asset in a high-demand market. Don't miss this chance to acquire this exceptional industrial land parcel.

    Property Features for 625 Paonia St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Size
    43,560 SF
    Rate per SF
    $12

    HighLights

    • 1 Acre industrial land parcel.
    • Single‑tenant land offering.
    • Highly accessible location off Powers and Hwy 24.
    • Ample parking and public transportation access.
    • $1 per square foot gross lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply 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
    -104.7164119
    Latitude
    38.8412913

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    FAQs

    What type of property is this?
    Land - 1 Acre Industrial Lot, Excellent Access
    Where is this land located?
    The property is located at 625 Paonia St Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1 Acre industrial land parcel.; Single-tenant land offering.; Highly accessible location off Powers and Hwy 24.
    Request Owner's contact information
    625 Paonia St 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
    625 Paonia St Colorado Springs, CO 80915
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