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Property profile & analytics
OFF-MARKET
Warehouses

5018 Academy Blvd Colorado Springs, CO 80918

34,356 SF Built 1961
Property ID
Property summary
AI-generated overview

Park Place Plaza offers a unique opportunity to lease flexible commercial space, ideal for a variety of businesses. This 34,356 square foot property, built in 1961 and extensively renovated in 2021, features a blend of warehouse and retail space. Currently, 4,900 square feet of contiguous space is immediately available, divisible down to 3,400 square feet. The warehouse area boasts a 10-foot ceiling height, one loading dock, and one dock-high door, making it suitable for efficient loading and unloading. Ample parking is provided with 150 spaces available for tenants and their customers. The property is zoned PBC and is well-suited for businesses such as flooring, tile, material supply, paint, distribution centers, auto parts, plumbing, electrical, or hardware stores. While primarily warehouse space, the possibility exists to combine the available space with an adjoining 1,500 square foot retail area, offering a customized layout to meet specific business needs. This prime location presents a rare chance to secure a well-maintained, versatile space in a convenient setting. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Year built 1961
Total area 34,356 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 4 Points Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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