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    1440 Pando Ave Colorado Springs, CO 80905

    Sponsored
    For Lease
    $114 SF/Yr

    16,426 SF Warehouse - For Sale/Lease

    Lot size:
    16,426 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 16,426-square-foot industrial warehouse, situated on a 1.52-acre lot in Colorado Springs, Colorado, presents a remarkable opportunity for businesses seeking a strategic location and ample space. The property boasts a single-tenant occupancy, offering complete control and flexibility. The building's layout comprises approximately 15% office space and 85% warehouse space, perfectly suited for a variety of industrial operations. A significant advantage is the inclusion of a 1.25-acre fenced yard, providing secure outdoor storage or operational areas. The property is zoned M1-Light Industrial, ensuring compliance with various business activities. Its convenient location off Lake Avenue and Interstate 25 offers easy access to major transportation routes, enhancing logistical efficiency and accessibility for employees and clients. The property's address is 1440 Pando Ave, Colorado Springs, CO 80905, and its parcel number is 6429404009 in El Paso County. This prime location within a centrally located industrial area makes it an outstanding opportunity for business expansion or relocation. The entire building is currently vacant, allowing for immediate occupancy and customization to meet specific business needs. This property offers a unique blend of space, location, and accessibility, making it an ideal investment for discerning businesses.

    Property Features for 1440 Pando Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,426 SF
    Total Rate
    156047

    Unit(s) available at that property

    Space
    Size
    16,426 SF
    Rate per SF
    $114

    HighLights

    • 16,426 SF industrial warehouse on a 1.52‑acre lot in Colorado Springs, CO.
    • Single‑tenant occupancy with 15% office and 85% warehouse space.
    • Features a 1.25‑acre fenced yard.
    • M1‑Light Industrial zoning.
    • Excellent access to I‑25 and Lake Avenue.
    • Located at 1440 Pando Ave, Colorado Springs, CO 80905 (Parcel # 6429404009).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -104.8005817
    Latitude
    38.7979949

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    FAQs

    What type of property is this?
    Distribution property - 16,426 SF Warehouse - For Sale/Lease
    Where is this distribution property located?
    The property is located at 1440 Pando Ave Colorado Springs, CO.
    What is the lease rate?
    The lease rate is $114 SF/Yr.
    What are key features of this property?
    This property features: 16,426 SF industrial warehouse on a 1.52-acre lot in Colorado Springs, CO.; Single-tenant occupancy with 15% office and 85% warehouse space.; Features a 1.25-acre fenced yard.
    Request Owner's contact information
    1440 Pando Ave Colorado Springs, CO 80905
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    Colorado Springs, CO 80905
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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
    1440 Pando Ave Colorado Springs, CO 80905
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