Sprinklered Warehouse
For Sale
$175,000
A119-2510 Canada Drive, Colorado Springs, CO 80922
A gated warehouse space has water service, a natural-gas heater, and sprinkler protection.
Property Size810 SF
Price / SF$216.05
Days on Market30
Property Features for A119-2510 Canada Drive
General Information
Standard status
Active
Size
810 SF
Warehouse & Industrial
Clear Height
18 ft
Power
125 amps
Three-Phase Power
No
Sprinkler System
Yes
Additional Details
Asking Price
$175,000
Listing Agency:
EXP Commercial LLC
(888) 440-2724
Listed By:
Ryan Beckenhauer · License #FA100101496
(303) 229-6978
Source:
Exprealty
Added: Sep 25
Changed: Oct 23
Last Checked: Oct 23 at 4:34PM
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 EXP Commercial LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse unit in Colorado Springs measures 810 square feet, with dimensions of 45' x 18' and 18 ft. of clear height. The space has water service, a 125 amp single-phase electrical panel, man doors, and a natural-gas heater. A 15'-tall by 12'-wide overhead door serves the unit, which is sprinklered and located within a gated property.
Key Highlights
- 810‑square‑foot unit measuring 45' x 18'
- 18 ft. clear height
- Overhead door measures 15' tall x 12' wide
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,925
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,500
$178.5K
Cap Rate 7%
$127,500
$127.5K
Cap Rate 9%
$99,167
$99.2K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$11.0K $13.56/SF
− Vacancy
−$483 −$0.60/SF
EGI
$10.5K $12.96/SF
− OpEx
−$1.6K −$1.94/SF
NOI
$8.9K $11.02/SF
Area
Colorado Springs, CO
Vacancy
4.40%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$178,500
Cap Rate 7%
$127,500
Cap Rate 9%
$99,167
Alternative Uses
Best Use
Warehouse
$127.5K
$111.6K – $148.8K
NOI $8,925 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$160.0K
$140.0K – $186.6K
NOI $11,197 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80922, CO
29,392
Population
11,355
Households
2.6
Avg Household Size
34
Median Age
41%
College-Educated
96%
High-School Grad
5.8 sq mi
ZIP Area
5,068
Density / Sq Mi
$107,457
Median Household Income
$51,165
Median Earnings
$1,952
Median Rent
$407,000
Median Home Value
Market
Vacancy Rate% for Industrial in Colorado Springs, CO
Similar Off Market Nearby
- Marksheffel RV/Boat Storage — 7715 Venture St, Colorado Springs, CO 80951
Frequently Asked Questions
What type of property is this?
Warehouse - A gated warehouse space has water service, a natural-gas heater, and sprinkler protection.
Where is this warehouse located?
The property is located at A119-2510 Canada Drive Colorado Springs, CO.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 810‑square‑foot unit measuring 45' x 18'; 18 ft. clear height; Overhead door measures 15' tall x 12' wide
