3120 Beacon St Colorado Springs, CO 80907
- Warehouses
- 7,000 SF
- 0.53 lot acres
Current Use by Public Records
- Premium Pet Doors / Store
- ReeFlo Pumps / Air Compressor Supplier
- All Around Window Tints / Window Tinting Service
- Springs Hail & Dent / Auto Body Shop
- J9's Luxury Auto Detailing / Car Wash
Property Details for 3120 Beacon St
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.53 lot acres
- Property size
- 7,000 SF
- Zone code
- M1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 6331204015
- APU
- 6331204015
Description
This exceptional 7,000 square foot industrial property, located at 3120 Beacon Street in Colorado Springs, Colorado, presents a unique investment opportunity. Built in 1979 and extensively renovated in 2022, this single-story building boasts ten individual suites, offering flexibility for various manufacturing needs. The property features a total of 7,000 square feet, with 2,800 square feet currently vacant and available for lease. Each suite offers a minimum of 700 square feet, with a maximum contiguous space of 700 square feet, ideal for smaller businesses or expanding operations. The high ceilings, measuring 14 feet, provide ample vertical space for storage and equipment. The property is classified as light industrial and is situated in El Paso County, with easy access to major transportation routes (specific details not provided). This is a prime opportunity to secure space in a well-maintained, recently renovated building within a thriving Colorado Springs industrial area. The property's zip code is 80907. The building is comprised of one structure with multiple tenants. Interested parties should inquire about lease terms and availability of the 2,800 square feet of vacant space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $975,000
- 6.5%
- $840,000
- 7%
- $905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $825,000
- Geo Method
- $885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $790,000
- Retail
- $760,000
- Mixed-Use
- $915,000
- Hospitality
- $745,000
- Educational
- $910,000
- Residential Income
- $930,000
- Energy
- $875,000
- Income-Based Land
- $970,000
- Food Service
- $765,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.827
- Latitude
- 38.8771
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA