2685 Durango Dr Colorado Springs, CO 80910-1020
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M2 · Colorado Springs, COColorado Springs. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.