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Property profile & analytics
OFF-MARKET Estimated value $1,250,000
Manufacturing properties

3204 Cascade Ave Colorado Springs, CO 80907-5150

8,666 SF 0.85 ac lot Built 1966
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-0311350
Property summary
AI-generated overview

This single-tenant industrial building, located at 3204 N Cascade Ave in Colorado Springs, Colorado, offers 8,666 square feet of warehouse space. Built in 1953, this one-story structure sits on a 0.95-acre lot and is zoned LI (Light Industrial). The property features two dock-high doors, providing convenient loading and unloading capabilities. Recent improvements include a new exterior fence and gate, fresh exterior paint, and a redesigned open-warehouse floorplan, maximizing efficiency and functionality. The property benefits from its strategic location in the Fillmore Submarket, offering easy access to I-25 via Buchanan Street and N Cascade Avenue. The property is for sale and is a great opportunity for owner-occupiers or investors seeking a well-maintained industrial space. Estimated Net, Net, Net (NNN) expenses are $2.00 per square foot. The fenced storage area provides ample secure outdoor space. This property presents a rare opportunity to acquire a well-located, updated industrial building in a thriving Colorado Springs market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,666 SF
Lot 0.85 ac (37,104 SF)
Zoning code M1
APN 6331200017
UPID US13-0311350
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
Current use
Occupant on record · Public records
  • CanineMemories.com Pet Cemetery Animals
  • SG Tools Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.21M
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.25M
Owner & transaction history
3204 Cascade LLC · 1 yrs held
3204 Cascade LLC
since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2024
$705,000
2021
$565,000
2016
Price N/A
2016
Price N/A
2001
$325,000
1969
Price N/A
Zoning & alternative use
M1 · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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