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    123 Union Blvd Colorado Springs, CO 80909

    For Sale
    $850,000

    6,400 SF Flex Building, $850,000

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,400 square foot free-standing industrial building is ideally situated in Colorado Springs, Colorado, at 123 N Union Blvd, zip code 80909. The property boasts a prime location and offers a versatile layout perfect for a variety of businesses. The building features approximately 2,400 square feet of showroom space, highlighted by large display windows, providing excellent visibility and showcasing opportunities. In addition, there's 2,000 square feet of warehouse space, complemented by a 2,000 square foot mezzanine. The seller offers the option of removing the mezzanine to create a "high cube" warehouse with a generous 16-foot free span ceiling height. The property also includes a fenced yard, enhancing security and functionality. Further enhancing the value, the roof was completely replaced in 2023 and comes with a transferable 10-year warranty. A clean Phase 1 environmental inspection report is available for review. The asking price is $850,000, delivered in shell condition, presenting a compelling investment opportunity at $132.81 per square foot. This property is ready for immediate occupancy and customization to suit your specific business needs. Located in El Paso County, this centrally located building offers easy access to major transportation routes and amenities.

    Property Features for 123 Union Blvd

    General Information

    Property type
    Flex space
    Square Feet
    6,400 SF

    HighLights

    • 6,400 SF free‑standing industrial building in Colorado Springs, CO (80909) at 123 N Union Blvd.
    • Features 2,400 SF showroom with large display windows and 2,000 SF warehouse space plus a 2,000 SF mezzanine (removable for high‑cube configuration).
    • 16‑foot clear height ceiling, fenced yard, and new roof (2023) with a 10‑year transferable warranty.
    • Clean Phase 1 environmental report available; asking price $850,000 ($132.81/SF), delivered in shell condition.
    • Excellent location with easy access to major transportation routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Floors 4 U ... Flooring Contractor Floors 4 U Flooring Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -104.7941664
    Latitude
    38.835285

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    FAQs

    What type of property is this?
    Flex space - 6,400 SF Flex Building, $850,000
    Where is this flex space located?
    The property is located at 123 Union Blvd Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 6,400 SF free-standing industrial building in Colorado Springs, CO (80909) at 123 N Union Blvd.; Features 2,400 SF showroom with large display windows and 2,000 SF warehouse space plus a 2,000 SF mezzanine (removable for high-cube configuration).; 16-foot clear height ceiling, fenced yard, and new roof (2023) with a 10-year transferable warranty.
    Request Owner's contact information
    123 Union Blvd 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
    123 Union Blvd Colorado Springs, CO 80909
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