4250 Hancock Expy Colorado Springs, CO 80911
- Distribution centers
- 7,500 SF
- 0.84 lot acres
Current Use by Public Records
- Southern Colorado Treasures LLC / Auction House / Real Estate Auctioneer
- Dent Headquarters (Dent HQ) Paintless Dent Repair / Auto Dent Removal Service
- Street Metal Classics LLC / Auto Repair Shop
Property Details for 4250 Hancock Expy
- Year built
- 1994
- Construction
- STEEL FRAME
- Lot size
- 0.84 lot acres
- Property size
- 7,500 SF
- Zone code
- M CAD-O
- Property type
- Distribution centers
- APN
- 6502002015
- APU
- 6502002015
Description
This exceptional 9,300-square-foot flex space, situated on a prominent corner lot at the intersection of Hancock Expressway and Bradley Road, offers unparalleled visibility and accessibility. The single-tenant building, constructed in 1994, boasts a main level of approximately 7,500 square feet and a basement level of approximately 1,800 square feet, providing ample room for diverse operational needs. The property features a 14-foot ceiling height, two drive-in doors, and one dock-high door, facilitating efficient loading and unloading. Ample parking is available on the 0.84-acre lot. The building is zoned M CAD-0 and benefits from Comcast fiber connectivity, ensuring seamless communication and data transfer. Its strategic location on a hard corner provides high visibility from both directions on Hancock Expressway, making it ideal for businesses seeking maximum exposure. The property's versatile design caters to a range of uses, including office, industrial, distribution, and research & development (R&D) purposes. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $755,000
- 6.5%
- $695,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $720,000
- Geo Method
- $750,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $740,000
- Mixed-Use
- $700,000
- Hospitality
- $675,000
- Educational
- $795,000
- Residential Income
- $700,000
- Energy
- $675,000
- Income-Based Land
- $695,000
- Food Service
- $660,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.74
- Latitude
- 38.7705
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
