3820 Hancock Expy Colorado Springs, CO 80911-1231

This vacant, 49,800-square-foot industrial building in Colorado Springs, Colorado presents a compelling value-add investment opportunity. Located at 3820 Hancock Expressway, this Class B property sits on a spacious 13.31-acre lot zoned GI in El Paso County (zip code 80911). Built in 1974, the structure features a combination of warehouse (70%) and office (30%) space, boasting 14-foot clear heights. The building includes two loading docks and two dock-high doors, along with a fully sprinklered system. Its strategic location offers convenient access to major thoroughfares like Powers Boulevard and Milton Proby Parkway, providing easy access to the Colorado Springs Airport. The expansive lot size and flexible zoning (GI) make this property ideal for various industrial uses, including potential expansion or redevelopment for industrial outdoor storage or further industrial development. The asking price is $8,600,000, translating to $172.69 per square foot. This property is currently vacant, offering immediate potential for lease or redevelopment.