2710 Delta Pl Colorado Springs, CO 80910
- Office buildings
- 4,836 SF
- 0.76 lot acres
Current Use by Public Records
- Commercial Design Engineering / General Contractor / Construction Company
Property Details for 2710 Delta Pl
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.76 lot acres
- Property size
- 4,836 SF
- Zone code
- M2
- Property type
- Office buildings
- APN
- 6434205039
- APU
- 6434205039
Description
This exceptional Colorado Springs office building, located at 2710 Delta Pl, offers 4,836 square feet on a 0.764-acre lot. Built in 1971 and extensively renovated in 2018, the single-story structure boasts updated mechanical systems (2010), a new roof (2009), fresh paint (2024), and recently replaced carpeting and flooring (2019). Zoned M-2 (heavy industrial), this property presents a unique opportunity for owner-users, particularly those in construction or industrial sectors. The building's past use with a construction business highlights its suitability for similar operations. Alternatively, the expansive lot allows for potential development or redevelopment within the heavy industrial zoning parameters. The asking price is $1,200,000, translating to $248.14 per square foot and $778,210 per acre for the land. This is a compelling investment opportunity in a prime Colorado Springs location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $845,000
- 6.5%
- $780,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,181,000
- AI Estimate
- $1,540,000
Market price range: $662k - $1.56MMarket price range: $150k - $2.52M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,035,000 Current use
- COMMERCIAL (GENERAL)
- $1,860,000 Change: +80% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,290,000 Change: +25% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,190,000 Change: +15% Conversion: Difficult
- MEDICAL BUILDING
- $1,165,000 Change: +13% Conversion: Easy
- RETAIL STORES
- $1,015,000 Change: -2% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.773
- Latitude
- 38.7934
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA