4820 Centennial Blvd Colorado Springs, CO 80907
- Office buildings
- 49,140 SF
- 4.47 lot acres
Current Use by Public Records
- BlueFolder Software, Inc. / Software Company
- Way Media / Radio Broadcaster
- Kidde Safety / Safety Equipment Supplier
- Nighthawk Systems / Fire Station
- BlueFolder / Software Company
Property Details for 4820 Centennial Blvd
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.47 lot acres
- Property size
- 49,140 SF
- Zone code
- PIP1 HS
- Property type
- Office buildings
- APN
- 7323401038
- APU
- 7323401038
Description
The Centennial Technology Center offers a unique opportunity to lease exceptional office, industrial, and flex space in El Paso County. This single-story, 100,184 square foot building, constructed in 1999, sits on a 4.84-acre lot and boasts a desirable campus setting with stunning mountain views. The property is zoned PF PIP1 HS and features flexible, open floor plans ideal for a variety of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 3,276 square feet to a maximum contiguous space of 59,970 square feet. The entire 100,184 square feet is currently vacant and ready for immediate occupancy. High ceilings at 18 feet provide ample vertical space, while the robust power supply of 2,500 Amp 277/480v 3-Phase 4-Wire ensures operational efficiency. The building is equipped with HVAC via RTU with VAV. Parking is conveniently provided at a ratio of 5 spaces per 1,000 square feet, and there is one drive-in bay for easy loading and unloading. This exceptional property presents a rare chance to secure a substantial and versatile space in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $17,235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $15,745,000
- 6.5%
- $16,165,000
- 7%
- $15,685,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $17,205,000
- Geo Method
- $17,280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,260,000
- Retail
- $12,295,000
- Mixed-Use
- $15,600,000
- Hospitality
- $16,905,000
- Educational
- $16,155,000
- Residential Income
- $16,600,000
- Energy
- $15,700,000
- Income-Based Land
- $13,480,000
- Food Service
- $16,845,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.854
- Latitude
- 38.9007
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
