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    2275 Spectra Dr Colorado Springs, CO 80904-3733
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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
    Last Sale Sep 3, 2024
    $1,250,000
    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.

    Value Estimations
    $1,250,000
    Show details
    Cap Rate Potential
    4.5%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Bo Steel / Factory / Production Facility

    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,250,000
      ML approach
      $1,250,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $950,000
      6.5%
      $875,000
      7%
      $810,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,185,000
      Market price range: $772k - $1.44M
      AI Estimate
      $954,000
      Market price range: $319k - $1.41M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,180,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,600,000
      Change: +36% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,475,000
      Change: +25% Conversion: Easy
      MEDICAL BUILDING
      $1,445,000
      Change: +22% Conversion: Difficult
      OFFICE BUILDING
      $1,280,000
      Change: +9% 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
    -104.864
    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
    More about this property
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