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    2702 Nevada Ave Colorado Springs, CO 80907

    Sponsored
    For Sale
    $675,000

    Colorado Springs industrial warehouse, vacant, owner-user opportunity.

    Property size:
    1,932 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,932 square foot warehouse, located at 2702 North Nevada Avenue in Colorado Springs, Colorado, presents a compelling owner-user opportunity. Priced at $675,000 ($349.38/sq ft), this single-story building sits on a substantial 17,135 square foot lot zoned C-5, offering significant flexibility for various industrial uses. The property features three drive-in doors, a fenced yard, and a prominent monument sign, enhancing visibility and accessibility. Its strategic location provides convenient access to I-25 and is centrally situated within Colorado Springs, offering excellent connectivity. The mostly warehouse space is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. Adding to its appeal is the proximity to a bike path, enhancing the surrounding environment. This standalone building represents a rare opportunity to acquire a well-located, versatile industrial property in a thriving Colorado Springs market. The property's size, zoning, and features make it ideal for a variety of businesses seeking a functional and strategically positioned space.

    Property Features for 2702 Nevada Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    1,932 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 1,932 SF warehouse on a 17,135 SF lot in Colorado Springs, CO.
    • Priced at $675,000 ($349.38/SF).
    • C‑5 zoning allows for flexible industrial uses.
    • Features three drive‑in doors, fenced yard, and monument signage.
    • Excellent I‑25 access and central Colorado Springs location.
    • Currently vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -104.820271
    Latitude
    38.87104

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    FAQs

    What type of property is this?
    Distribution property - Colorado Springs industrial warehouse, vacant, owner-user opportunity.
    Where is this distribution property located?
    The property is located at 2702 Nevada Ave Colorado Springs, CO.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 1,932 SF warehouse on a 17,135 SF lot in Colorado Springs, CO.; Priced at $675,000 ($349.38/SF).; C-5 zoning allows for flexible industrial uses.
    Request Owner's contact information
    2702 Nevada Ave Colorado Springs, CO 80907
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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
    2702 Nevada Ave Colorado Springs, CO 80907
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