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Property profile & analytics
OFF-MARKET Estimated value $1,330,000
Warehouses

2685 Durango Dr Colorado Springs, CO 80910-1020

10,818 SF 0.64 ac lot Built 1972
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0117366
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,818 SF
Lot 0.64 ac (28,000 SF)
Zoning code M2
APN 6434205029
UPID US13-0117366
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.58M
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.33M
Owner & transaction history
Kiowa Ltd · 1 yrs held
Kiowa Ltd
since 2025
Last sale
$1.3M
7 recorded transactions
2026
Price N/A
2025
$1.3M
2016
Price N/A
2016
$1.2M
2014
$430,000
2007
$680,000
2004
$675,000
Zoning & alternative use
M2 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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