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    855 Aeroplaza Dr Colorado Springs, CO 80916

    Sponsored
    For Sale
    $6,345,000

    50,146 SF Distribution Center - $6.3M

    Property size:
    50,146 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 50,146-square-foot industrial property, located at 855 Aeroplaza Dr, Colorado Springs, CO 80916, presents a compelling investment opportunity. Situated on a 3.42-acre lot within the Airport submarket, this single-story building boasts a desirable location in an Opportunity Zone. Constructed in 1980, the structure features a functional layout ideal for distribution and warehouse operations. The high ceilings, ranging from 18 to 20 feet, provide ample vertical space for storage and efficient material handling. The property includes eight loading docks and three dock-high doors, ensuring smooth and efficient loading and unloading processes. The building is zoned BP/CR, offering flexibility for various industrial uses. The asking price is $6,345,000, translating to a price per square foot of $126.53. A potential lease rate of $8.75 per square foot, NNN, is available for year one. This property represents a rare chance to acquire a well-located, functional industrial space with significant potential for growth and return on investment. The property's strategic location and substantial size make it an attractive option for businesses seeking a robust and efficient operational base in the thriving Colorado Springs market.

    Property Features for 855 Aeroplaza Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    50,146 SF
    Lot Size
    148,975 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    HighLights

    • Located in the Airport submarket, Colorado Springs, in an Opportunity Zone.
    • 50,146‑square‑foot industrial building.
    • Asking lease rate: $8.75/SF, NNN, Year 1.
    Property Profile Location Intelligence

    Current Use by Public Records

    School College Gustave A Larson Company Heating Equipment Supplier Wayne Dalton Sales ... Garage Door Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store Hotel & Motel

    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
    -104.724464
    Latitude
    38.813713

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    FAQs

    What type of property is this?
    Distribution property - 50,146 SF Distribution Center - $6.3M
    Where is this distribution property located?
    The property is located at 855 Aeroplaza Dr Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $6,345,000.
    What are key features of this property?
    This property features: Located in the Airport submarket, Colorado Springs, in an Opportunity Zone.; 50,146-square-foot industrial building.; Asking lease rate: $8.75/SF, NNN, Year 1.
    Request Owner's contact information
    855 Aeroplaza Dr Colorado Springs, CO 80916
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    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
    855 Aeroplaza Dr Colorado Springs, CO 80916
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