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    1420-1460 Aviation Way Colorado Springs, CO 80916

    Sponsored
    For Sale
    $3,603,228

    Colorado Springs Industrial Property - $3.6M

    Property size:
    20,922 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Colorado Springs investment opportunity encompasses a 20,922-square-foot building situated on a 1.63-acre lot at 1420-1460 Aviation Way, zip code 80916. The property, built in 1977, is a single-story structure offering a blend of executive office and warehouse space, perfectly suited for an owner-user. The asking price is $3,603,228, translating to $172 per square foot. The building features five dock-high doors and boasts an impressive 18-foot ceiling height. Ample parking is provided, with a ratio of 1.47 spaces per 1,000 square feet. The property is zoned BP | CR AO and benefits from excellent access to Aviation Way and Vapor Trail. Building signage is subject to landlord approval. The lease type is NNN (Triple Net), with a multi-tenant occupancy. This versatile property presents a compelling opportunity for businesses seeking a combination of office and warehouse space in a prime Colorado Springs location. The estimated triple net rent is $4.46 per square foot, and the estimated asking lease rate is $11.75 per square foot, NNN.

    Property Features for 1420-1460 Aviation Way

    General Information

    Property type
    Distribution properties
    Square Feet
    20,922 SF
    Lot Size
    71,003 SF

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    1

    HighLights

    • 20,922 SF building.
    • Estimated triple‑net rent of $4.46 per square foot.
    • Asking lease rate: $11.75 per square foot, triple‑net (estimated).
    • Convenient access to Aviation Way and Vapor Trail.
    • Building signage subject to landlord approval.
    • Zoned BP | CR AO.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

    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
    -104.724183
    Latitude
    38.8106259

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    FAQs

    What type of property is this?
    Distribution property - Colorado Springs Industrial Property - $3.6M
    Where is this distribution property located?
    The property is located at 1420-1460 Aviation Way Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $3,603,228.
    What are key features of this property?
    This property features: 20,922 SF building.; Estimated triple-net rent of $4.46 per square foot.; Asking lease rate: $11.75 per square foot, triple-net (estimated).
    Request Owner's contact information
    1420-1460 Aviation Way Colorado Springs, CO 80916
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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
    1420-1460 Aviation Way Colorado Springs, CO 80916
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