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    535 E Cimarron St Colorado Springs, CO 80903

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    535 E Cimarron St Colorado Springs, CO 80903


    • Distribution centers
    • 13,217 SF
    • 0.49 lot acres
    Industrial Building Near Downtown For Sale
    $1,900,000
    13,250 SF

    Industrial Building Near Downtown

    Industrial building for sale near downtown Colorado Springs.

    535 E Cimarron St, Colorado Springs, CO 80903
    View Listing
    Property ID
    US13-0768584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    8.6%
    Distribution centers
    Location Intelligence

    Current Use by Public Records

    • Peak Refreshments / Big Box & Wholesale Store
    • Southco Tire / (Bike/Boat/Book/etc) Store / Auto Parts Store
    • CITC Group Inc / Service Establishment

    Property Details for 535 E Cimarron St

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    13,217 SF
    Zone code
    PIP1/CR
    Property type
    Distribution centers
    APN
    6418414133
    APU
    6418414133

    Description

    This exceptional industrial property, located at 535 E Cimarron St in Colorado Springs, CO 80903, presents a unique investment opportunity. The 13,250 square foot warehouse boasts 9,100 square feet of readily available space, ideal for a variety of uses including warehousing, manufacturing, or assembly. The property sits on a 0.49-acre lot and features four buildings, each two stories high, with a convenient 12-foot ceiling height. Ample parking is provided with 14 total spaces, and five drive-in bays ensure efficient loading and unloading. The building, constructed in 1986 and classified as Class C, offers a single-tenant occupancy. Electrical service includes 208 | 120 Volts 3 Phase 4 Wire. The property is zoned BP and its APN is 64184-14-133. Its strategic location just east of Downtown Colorado Springs offers easy access to I-25, providing excellent connectivity throughout the region. The existing space includes a blend of private offices and open office areas, providing flexibility for various business needs. This property represents a compelling opportunity to acquire a well-situated industrial space in a thriving Colorado Springs market. El Paso County location offers access to a robust workforce and established infrastructure.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,685,000
      ML approach
      $1,750,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,425,000
      6.5%
      $2,240,000
      7%
      $2,080,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,040,000
      Market price range: $1.58M - $3.32M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,175,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Colorado Springs
    County
    El Paso
    State
    Colorado
    Longitude
    -104.814
    Latitude
    38.8264
    CBSA code
    17820
    CBSA name
    COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,905
    $26,270
    $418,420
    $444,690
    -
    $94,140
    $1,499,698
    $1,593,838
    View Listing
    More about this property
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