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    860-876 Highway 105 Palmer Lake, CO 80133

    For Lease
    $16 SF/Yr ($10,266 /Mo)

    Versatile Suites, Ideal Location

    Lot size:
    7,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This Palmer Lake, Colorado property, located at 860-876 Hwy 105, zip code 80133, offers 7,700 square feet of commercial space, perfect for a variety of businesses. Built in 2007 and zoned C-1, the building features four suites, with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 1,250 square feet. Currently, 6,250 square feet are available for lease, providing ample opportunity for expansion or multiple tenants. The property's diverse zoning allows for retail, office, and industrial uses, including executive office, manufacturing, warehouse, professional office, and light manufacturing. This makes it an excellent choice for businesses seeking flexible and adaptable space. The property is situated in El Paso County and offers easy access to Highway 105, providing convenient transportation links. The building's multiple tenancy option allows for a variety of business configurations, making it a highly attractive investment opportunity. Interested parties should inquire about lease terms and availability.

    Property Features for 860-876 Highway 105

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,700 SF
    Total Rate
    10266.67

    Building Details

    Year Built
    2007

    Unit(s) available at that property

    Space
    Suite 864
    Size
    1,250 SF
    Rate per SF
    $18
    Space
    Suite 862
    Size
    1,250 SF
    Rate per SF
    $18
    Space
    Suite 870
    Size
    1,250 SF
    Rate per SF
    $16
    Space
    Suite 872
    Size
    1,250 SF
    Rate per SF
    $16
    Space
    Suite 866
    Size
    1,250 SF
    Rate per SF
    $18

    HighLights

    • Retail/light industrial/office suites available for lease in Palmer Lake's Villa Toscana commercial center.
    • Excellent access to I‑25 and Highway 105.
    • High‑visibility suites with ample on‑site parking and attractive Italian architecture.
    • Up to three months of free base rent available for qualified tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Realty agency Spa & Massage Restaurant Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Wholesale Shop Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmer Lake
    County
    El Paso
    State
    Colorado
    Longitude
    -104.8772507
    Latitude
    39.098516

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Versatile Suites, Ideal Location
    Where is this distribution property located?
    The property is located at 860-876 Highway 105 Palmer Lake, CO.
    What is the lease rate?
    The lease rate is $16-$18 SF/Yr.
    What are key features of this property?
    This property features: Retail/light industrial/office suites available for lease in Palmer Lake's Villa Toscana commercial center.; Excellent access to I-25 and Highway 105.; High-visibility suites with ample on-site parking and attractive Italian architecture.
    Request Owner's contact information
    860-876 Highway 105 Palmer Lake, CO 80133
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    Palmer Lake, CO 80133
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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
    860-876 Highway 105 Palmer Lake, CO 80133
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