1207 Nevada Ave Colorado Springs, CO 80903-4303
Property profile & analytics
1207 Nevada Ave Colorado Springs, CO 80903-4303
- Auto shops
- 2,411 SF
- 1.21 lot acres
Property ID
US13-0046700
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Budget Truck Rental / Car Rental Facility
- Discount Exhaust Works / Auto Repair Shop / Vehicle Inspection Center
- Edge Automotive / Auto Repair Shop
Property Details for 1207 Nevada Ave
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.21 lot acres
- Property size
- 2,411 SF
- Zone code
- FBZ-COR
- Property type
- Auto shops
- APN
- 6419400008
- APU
- 6419400008
Description
This exceptional 12,578 square foot warehouse, located at 1207 S. Nevada Ave in Colorado Springs, CO 80903, presents a compelling redevelopment opportunity. Situated on a 1.21-acre lot zoned FBZ-COR, the property boasts excellent visibility and frontage on S. Nevada Avenue, complemented by rear access via S. Weber Street. The warehouse features six (6) high-clearance service bays with loading docks, providing ample space for various industrial uses. The asking price is $2,450,000, translating to $218.64 per square foot. Ample parking is available, with a ratio of 2.15 spaces per 1,000 square feet. The property's location within a well-established commercial corridor ensures high traffic volume and great signage opportunities. A closed-off outdoor area offers significant potential for expansion or the creation of additional usable space, such as a patio. This prime location and versatile layout make this warehouse an attractive investment for developers seeking a high-impact project in a thriving Colorado Springs market. The property is a single-tenant building.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $900,000
- ML approach
- $900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $900,000
Market price range: $327k - $901k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $595,000 Current use
- COMMERCIAL (GENERAL)
- $930,000 Change: +56% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $645,000 Change: +8% Conversion: Difficult
- OFFICE BUILDING
- $600,000 Change: +1% Conversion: Difficult
- MEDICAL BUILDING
- $580,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.822
- Latitude
- 38.817
- 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
$12,354
$105,880
$127,980
$233,860
-
$379,490
$458,710
$838,200
