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    Property profile & analytics

    2275 Spectra Dr Colorado Springs, CO 80904-3733

    • Warehouses
    • 6,000 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $1,255,000
    Last Sale
    Sep 03, 2024
    $1,250,000
    Location Intelligence
    Property ID
    US13-2362348
    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.

    Current Use by Public Records

    • Bo Steel / Steel Fabricator / Steel Distributor

    Property Details for 2275 Spectra Dr

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    0.57 lot acres
    Property size
    6,000 SF
    Zone code
    M1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    7414233007
    APU
    7414233007

    Description

    This exceptional 6,417-square-foot warehouse, located at 2275 Spectra Drive in Colorado Springs, Colorado, presents a compelling investment opportunity. Built in 2003, this single-building property sits on a 0.57-acre lot and is zoned LI. The warehouse features two newly replaced dock-high doors at the front and a newly replaced drive-in door at the rear, providing excellent loading and unloading capabilities. Inside, the space offers ample power, including two 120V plugs and four 440V power outlets (two per bay). The property also includes a fenced rear lot, ideal for additional storage, and convenient on-site parking. This multi-tenant warehouse is priced at $1,300,000 and offers significant potential for a variety of uses, making it an attractive option for both investors and owner-occupiers seeking a well-maintained industrial space in a desirable Colorado Springs location, just west of 21st Street near Old Colorado City. The property's strategic location and versatile features combine to create a strong value proposition in the thriving Colorado Springs market. The address is 2275 Spectra Dr, Colorado Springs, CO 80904.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,155,000
      6.5%
      $1,220,000
      7%
      $1,285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,160,000
      Geo Method
      $1,295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,495,000
      Retail
      $1,470,000
      Mixed-Use
      $1,190,000
      Hospitality
      $1,270,000
      Educational
      $1,305,000
      Residential Income
      $1,185,000
      Energy
      $1,150,000
      Income-Based Land
      $1,250,000
      Food Service
      $1,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.864
    Latitude
    38.8327
    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
    $8,692
    $25,210
    $141,810
    $167,020
    -
    $90,370
    $508,274
    $598,644

    Comparable in this City

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      613 SF

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    • Value Estimation by Request
      3,173 SF

      2322 Cucharras St

      MINI-WAREHOUSE, STORAGE • 3,173 SF
      2322 Cucharras St, Colorado Springs, CO 80904
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    • Value Estimation by Request
      1,200 SF

      2006 Wheeler Ave

      MINI-WAREHOUSE, STORAGE • 1,200 SF
      2006 Wheeler Ave, Colorado Springs, CO 80904
      View Details
    • Value Estimation
      $75,000
      0.24 Acres

      2204 Bott Ave

      MINI-WAREHOUSE, STORAGE • 0.24 Acres
      2204 Bott Ave, Colorado Springs, CO 80904-3726
      View Details
    • Value Estimation
      $1,785,000
      10,106 SF

      2732 Colorado Ave

      MINI-WAREHOUSE, STORAGE • 10,106 SF
      2732 Colorado Ave, Colorado Springs, CO 80904-3027
      View Details
    • Value Estimation
      $10,955,000
      6,470 SF

      2855 Ore Ml Rd

      MINI-WAREHOUSE, STORAGE • 6,470 SF
      2855 Ore Ml Rd, Colorado Springs, CO 80904
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      View Details
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    2275 Spectra Dr
    Colorado Springs, CO 80904-3733
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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