Property profile

2520 Aviation Way Colorado Springs, CO 80916

OFF-MARKET
Distribution centers
Property ID
US13-0877258
75,952 SF 4.58 ac lot Built 1987
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 2520 Aviation Way in Colorado Springs, Colorado, offers a substantial 76,800 square feet of warehouse space. Currently, 24,000 square feet is immediately available for lease, presenting a unique opportunity for businesses seeking ample storage and distribution capabilities. The building features a single suite, ideal for a large tenant or a company seeking to consolidate operations. High ceilings, measuring 24 feet, provide generous vertical space for efficient storage and racking systems. The property boasts excellent access with three dock-high doors and three drive-in doors, ensuring smooth and efficient loading and unloading operations. The warehouse is equipped with robust 480V, 3-phase power, catering to the needs of energy-intensive businesses. Situated in El Paso County, the property is zoned BP, offering flexibility for various industrial uses. The convenient location in Colorado Springs, with zip code 80916, provides easy access to major transportation routes, enhancing logistical efficiency. This warehouse is perfect for businesses requiring significant space and convenient access. Don't miss this opportunity to secure a prime industrial location in a thriving Colorado Springs market. Contact us today to schedule a viewing and discuss your leasing needs.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 75,952 SF
Lot 4.58 ac (199,505 SF)
Zoning code PIP2 AO
APN 6436102001
UPID US13-0877258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

2520 Aviation Way Colorado Springs, CO 80916-2755
Colorado Springs metro Census 4008 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.00M
Blend (final) Blend
$6.80M

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2013
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PIP2 AO · Colorado Springs, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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