18955 Beacon Lite Rd, Monument, CO 80132
- Distribution centers
- 5,280 SF
- 5.02 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 18955 Beacon Lite Rd
- Year built
- 2020
- Lot size
- 5.02 lot acres
- Zone code
- PUD
- Property type
- Distribution centers
- APN
- 7111306016
- APU
- 7111306016
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 27, 2022 | $2,400,000 | Tde Real Estate Holdings LLC | A B C Landscaping INC | Special Warranty Deed | $1.9M · Bank Of The Ozarks |
Description
This exceptional 5,280-square-foot flex space property, located at 18955 Beacon Lite Road in Monument, Colorado, presents a unique investment opportunity. Built in 2020, this single-story building sits on a generous 5.02-acre lot (APN 7111306016) and boasts a highly desirable location with excellent I-25 visibility. The property features a warehouse component and a smaller office area, perfect for a variety of businesses. The asking price is $2,950,000, representing a recent price reduction of $200,000. The property is zoned PUD. The building's 5,280 square feet of net rentable space is priced at $558.71 per square foot. The lot is fully fenced, providing enhanced security, and includes a flat, graded yard with crushed asphalt paving, offering ample functional space. This versatile property is currently vacant and available for a triple net (NNN) lease at $19,000 per month. Don't miss this chance to acquire a highly visible and functional commercial property in a prime Monument location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,320,000
- ML approach
- $2,340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,289,000
- AI Estimate
- $1,742,000
Market price range: $1.17M - $2.29MMarket price range: $614k - $1.74M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,715,000 Current use
- RESTAURANT
- $2,245,000 Change: +31% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,790,000 Change: +4% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,675,000 Change: -2% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,460,000 Change: -15% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,430,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monument
- County
- El Paso
- State
- Colorado
- Longitude
- -104.867
- Latitude
- 39.1067
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
