18955 Beacon Lite Rd Monument, CO 80132
- Distribution centers
- 5,280 SF
- 5.02 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 18955 Beacon Lite Rd
- Year built
- 2020
- Lot size
- 5.02 lot acres
- Property size
- 5,280 SF
- Zone code
- PUD
- Property type
- Distribution centers
- APN
- 7111306016
- APU
- 7111306016
Description
This exceptional 5,280-square-foot flex space property, located at 18955 Beacon Lite Road in Monument, Colorado, presents a unique investment opportunity. Built in 2020, this single-story building sits on a generous 5.02-acre lot (APN 7111306016) and boasts a highly desirable location with excellent I-25 visibility. The property features a warehouse component and a smaller office area, perfect for a variety of businesses. The asking price is $2,950,000, representing a recent price reduction of $200,000. The property is zoned PUD. The building's 5,280 square feet of net rentable space is priced at $558.71 per square foot. The lot is fully fenced, providing enhanced security, and includes a flat, graded yard with crushed asphalt paving, offering ample functional space. This versatile property is currently vacant and available for a triple net (NNN) lease at $19,000 per month. Don't miss this chance to acquire a highly visible and functional commercial property in a prime Monument location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,490,000
- 6.5%
- $2,540,000
- 7%
- $2,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,200,000
- Geo Method
- $2,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,970,000
- Retail
- $2,405,000
- Mixed-Use
- $2,030,000
- Hospitality
- $2,390,000
- Educational
- $2,445,000
- Residential Income
- $2,225,000
- Energy
- $2,280,000
- Income-Based Land
- $2,190,000
- Food Service
- $1,955,000
Location Insight
- Map
- Local Demand
- City
- Monument
- County
- El Paso
- State
- Colorado
- Longitude
- -104.867
- Latitude
- 39.1067
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
