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Property profile & analytics
FOR SALE
Distribution centers

2217 E Boulder St Colorado Springs, CO 80909

5,000 SF 0.24 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-2736265
Property summary
AI-generated overview

This exceptional 5,000-square-foot flex industrial building, located at 2217 E Boulder St, Colorado Springs, CO 80909, presents a compelling investment opportunity. The property, built in 1960, sits on a sizable 10,500-square-foot lot and is zoned C6. The single-story building offers a versatile layout ideal for a variety of businesses. Features include three office areas, a showroom, ample warehouse space, and a secure yard. The property benefits from a convenient location with prime access to public transportation, a fenced and secured lot, and prominent signage opportunities. Practical features include a 13-foot ceiling height, an overhead door, a small loading dock, and multiple HVAC systems for optimal climate control. The asking price is $795,000, translating to $159 per square foot. The property is currently vacant and available for occupancy on July 9, 2024. The Assessed Property Number (APN) is 6416209015. This is a rare opportunity to acquire a well-located, functional, and adaptable industrial space in a thriving Colorado Springs market. Don't miss out on this chance to secure a prime commercial property.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.24 ac (10,500 SF)
Zoning code C6
APN 6416209015
UPID US13-2736265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • V2Y2A1 Inc Image Consultant
  • The Neighborhood Ministry Network and Solicity Church
  • Lz Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$422k
Blend (final) Blend
$585k
Owner & transaction history
2217 E Boulder St LLC · 1 yrs held
2217 E Boulder St LLC
since 2024
Last sale
$762,500
7 recorded transactions
2024
$762,500
2020
Price N/A
2019
Price N/A
2016
Price N/A
2008
$180,000
2003
Price N/A
1969
Price N/A
Zoning & alternative use
C6 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $755,000 +34.5%
Office building $690,000 +22.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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