Colorado Springs Industrial
955-989 Wooten Road Colorado Springs, CO 80915
For Sale
Contact for pricing
10,580 SqFt industrial property available for sale.
Property Size10,580 SF
Price / SF$184.31
Days on Market152
Property Features for 955-989 Wooten Road
General Information
Standard status
Active
Size
10,580 SF
Property subtype
Industrial
Building Details
Year Built
1985
Listing Agency:
NAI Highland, LLC
(719) 577-0044
Listed By:
John Onstott · License #CO FA1175465
Source:
Crexi
Added: Feb 25
Changed: Jul 10
Last Checked: Jul 26 at 4:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Highland, LLC
Investment Insights
Based on property information with market context.
This industrial property offers 10,580 square feet of space and is available for sale. The property is located on Wooten Road in Colorado Springs, Colorado.
Key Highlights
- Industrial property
- 10,580 sqft of space
- Built in 1985
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.5k | $13.56 |
| − Vacancy | −$6.3k | −$0.60 |
| EGI | $137.2k | $12.96 |
| − OpEx | −$41.1k | −$3.89 |
| NOI | $96.0k | $9.07 |
10,580 SF · lease $13.56/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.37M
$1.20M – $1.60M
NOI $96,007 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.44M
NOI $146,258 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - 10,580 SqFt industrial property available for sale.
Where is this industrial property located?
The property is located at 955-989 Wooten Road Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Industrial property; 10,580 sqft of space; Built in 1985
