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Property profile & analytics
FOR SALE
Distribution centers

535 E Cimarron St Colorado Springs, CO 80903

13,217 SF 0.49 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-0768584
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,217 SF
Lot 0.49 ac (21,155 SF)
Zoning code PIP1/CR
APN 6418414133
UPID US13-0768584
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
  • Peak Refreshments Big Box & Wholesale Store
  • Southco Tire (Bike/Boat/Book/etc) Store Auto Parts Store
  • CITC Group Inc Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
$2.24M
Comparable Approach Comparable
$2.04M
Blend (final) Blend
$1.83M
Owner & transaction history
Bbv Cs Lllp · 4 yrs held
Bbv Cs Lllp
since 2022
Last sale
$1.8M
6 recorded transactions
2022
$1.8M
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PIP1/CR · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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