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    123 N Union Blvd Colorado Springs, CO 80909
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    Property profile & analytics

    123 N Union Blvd, Colorado Springs, CO 80909

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    • Retail space
    • 6,468 SF
    • 0.19 lot acres
    Industrial Building with Fenced Yard For Lease
    $14 SF/Yr
    6,468 SF

    Industrial Building with Fenced Yard

    6,468 SF industrial building for lease or sale.

    123 N Union Blvd, Colorado Springs, CO 80909
    View Listing
    Property ID
    US13-2850814
    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.

    Value Estimations
    $830,000
    Cap Rate Potential
    9.3%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Floors 4 U Colorado / General Contractor / Renovation Specialist
    • Floors 4 U / Carpet & Flooring Store / Hardware & Home Improvement

    Property Details for 123 N Union Blvd

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    0.19 lot acres
    Zone code
    C6
    Property type
    Retail space
    APN
    6416215007
    APU
    6416215007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 9, 2025 $845,000 Dimag Construction LLC Business In Front LLC Special Warranty Deed $600k · Pikes Peak National Bank
    Aug 24, 2020 Business In Front LLC Deed · related $8k · Jacm Capital LLC
    Mar 3, 2014 $295,000 Business In Front LLC Florek,jason Grant Deed
    Mar 1, 2005 $330,000 Jason Florek Roth Investment Co Warranty Deed $295k · Roth Investment Co
    Business In Front LLC Deed Of Trust · related $100k · Woltman Rhea A Trust (pt)
    Business In Front LLC Deed Of Trust · related $100k · Louise E Vasquez
    Business In Front LLC Loan Modification · related $100k · Louise Vasquez

    Description

    This exceptional 6,400 square foot free-standing industrial building is ideally situated in Colorado Springs, Colorado, at 123 N Union Blvd, zip code 80909. The property boasts a prime location and offers a versatile layout perfect for a variety of businesses. The building features approximately 2,400 square feet of showroom space, highlighted by large display windows, providing excellent visibility and showcasing opportunities. In addition, there's 2,000 square feet of warehouse space, complemented by a 2,000 square foot mezzanine. The seller offers the option of removing the mezzanine to create a "high cube" warehouse with a generous 16-foot free span ceiling height. The property also includes a fenced yard, enhancing security and functionality. Further enhancing the value, the roof was completely replaced in 2023 and comes with a transferable 10-year warranty. A clean Phase 1 environmental inspection report is available for review. The asking price is $850,000, delivered in shell condition, presenting a compelling investment opportunity at $132.81 per square foot. This property is ready for immediate occupancy and customization to suit your specific business needs. Located in El Paso County, this centrally located building offers easy access to major transportation routes and amenities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $840,000
      ML approach
      $795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $725,000
      Market price range: $632k - $1.29M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $890,000
      Current use
      AUTO REPAIR, GARAGE
      $980,000
      Change: +10% Conversion: Difficult
      OFFICE BUILDING
      $890,000
      Change: +0% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.794
    Latitude
    38.8353
    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
    $9,481
    $20,920
    $157,940
    $178,860
    -
    $74,980
    $566,104
    $641,084
    View Listing
    More about this property
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