2511 Airport RdColorado Springs, CO 80910

  • Retail properties
  • 16,680 SF
For Sale
$3,900,000 View listing

Property Details for 2511 Airport Rd

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.86 AC
Property size (Sq ft)
16,680 SF
Zone code
PBC CU
Property type
Retail properties
Property subtype
Strip malls
APN
6421102015
APU
6421102015

Description

This exceptional El Paso County property, located at 2509-2535 Airport Road, offers 2,338 square feet of immediately available warehouse and office space. The building, constructed in 1963 and extensively renovated in 2023, boasts a flexible layout ideal for a variety of businesses. The space features a convenient 10x10 overhead door, perfect for loading and unloading, and a modern office area comprising approximately 20% of the total square footage. The remaining 80% is dedicated to warehouse space. The property sits on a generous 1.86-acre lot, providing ample room for maneuvering and potential expansion. This Class C building is zoned PBC CU and has a total building size of 24,730 square feet, with multiple suites available. The property's APN is 6421102015. This is a rare opportunity to secure a well-maintained, recently renovated space in a desirable location. The combination of warehouse and office space makes it suitable for a wide range of uses, from light manufacturing and distribution to office-based businesses requiring storage or workshop space. Don't miss this chance to lease a prime industrial property in El Paso County. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,363,275
    6.5%
    $4,950,716
    7%
    $4,597,093
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,472,816
    Geo Method
    $3,472,816
  • Alternative Use

    Use
    Valuation
    Residential
    $4,176,114
    Hospitality
    $3,825,298
    Educational
    $3,182,603
    Medical
    $3,292,058
    Retail
    $4,950,716
2511 Airport Rd, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8241
Longitude
-104.783
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$85,900
$244,730
$330,630
-
$307,880
$877,160
$1,185,040

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