Technical
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Property profile

228 Auburn Dr Colorado Springs, CO 80909

OFF-MARKET
Office Spaces
10,297 SF 1.1 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional two-story office building, totaling 10,297 square feet, presents a unique opportunity for businesses seeking versatile workspace. Situated on a 1.1-acre lot, the property boasts a blend of traditional and creative office spaces, perfect for a variety of professional needs. Currently, there are three individual office spaces available, ranging in size from 260 to 261 square feet, offering flexibility for small teams or individual entrepreneurs. Built in 1972, the Class C building is well-maintained and offers a central and accessible location, making it an ideal choice for companies seeking convenient access to key transportation routes and amenities. The building's 520 square feet of vacant space provides additional potential for expansion or customization. With multiple tenancy options, this property is well-suited for a variety of business models, offering a blend of established infrastructure and adaptable space to meet evolving needs. The property's ample square footage and convenient location make it an attractive investment for businesses seeking a functional and accessible workspace. The combination of traditional and creative office space allows for a diverse range of potential tenants. This is a rare opportunity to secure office space in a well-established building with significant potential.

Property profile

Verified
Property type Office Spaces
Year built 1972
Total area 10,297 SF
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Garden Center
  • Corporate Office
  • Commercial Cleaning Service
  • Property Management Company

Location

228 Auburn Dr Colorado Springs, CO 80909
Colorado Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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