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    2685 Durango Dr Colorado Springs, CO 80910-1020
    Property profile & analytics

    2685 Durango Dr Colorado Springs, CO 80910-1020


    • Warehouses
    • 10,818 SF
    • 0.64 lot acres
    Off-Market
    Last Sale Dec 7, 2024
    $1,250,000
    Property ID
    US13-0117366
    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
    $1,330,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2685 Durango Dr

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.64 lot acres
    Property size
    10,818 SF
    Zone code
    M2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    6434205029
    APU
    6434205029

    Description

    This exceptional 10,818-square-foot industrial property, situated on a 0.64-acre corner lot at the intersection of Delta Drive and Durango Drive in the SE Colorado Springs submarket, presents a unique investment opportunity. Built in 1972 and extensively renovated in 2016, this single-story building boasts a 12-foot ceiling height, providing ample space for various industrial uses, including manufacturing, distribution, warehousing, and research & development. The property features three loading docks with three dock-high doors, two drive-in doors, and ample parking for 20+ vehicles. A fenced and gated yard enhances security. The building is equipped with 1200 amps of power and is climate-controlled, offering a comfortable and efficient workspace. The property is zoned G-I and has an APN of 6434205029. Currently vacant, this property offers immediate occupancy and the potential for customization to meet specific business needs. The low tax rate of $2 per square foot adds to its financial appeal. Owners are highly motivated to find the right buyer. This is a rare opportunity to acquire a well-maintained, versatile industrial space in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,710,000
      6.5%
      $1,575,000
      7%
      $1,465,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,239,000
      Market price range: $335k - $1.82M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,480,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.774
    Latitude
    38.7933
    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
    $0.00
    $29,300
    $388,870
    $418,170
    -
    $105,000
    $1,393,797
    $1,498,797
    More about this property
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