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Property profile & analytics

601 Las Vegas St Colorado Springs, CO 80903-4345

  • Warehouses
  • 6,349 SF
  • 0.29 lot acres
OFF-MARKET
Last Sale
Oct 30, 2024
Value Estimations
$780,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US13-0041115
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.

Current Use by Public Records

  • Good Weed Medical Marijuana Dispensary / (Bike/Boat/Book/etc) Store
  • Rocky Road on Las Vegas / (Bike/Boat/Book/etc) Store

Property Details for 601 Las Vegas St

Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.29 lot acres
Property size
6,349 SF
Zone code
M2 CU
Property type
Warehouses
Property subtype
Self storage facilities
APN
6419401002
APU
6419401002

Description

This exceptional 6,349-square-foot retail space is ideally situated at 601 E Las Vegas St in Colorado Springs, Colorado, zip code 80903. Located in El Paso County, this single-tenant property sits on a generous 12,500-square-foot lot and is zoned M2 CU. The building boasts a functional layout, including a reception area and ample open warehouse space. Its excellent condition ensures a move-in ready experience for the new tenant. The property features substantial electrical capacity throughout. Its strategic location offers easy access to downtown Colorado Springs and is conveniently situated near Interstate 25, providing convenient north-south travel along the Front Range. This presents a unique opportunity for businesses seeking a well-maintained, readily available retail space in a high-traffic area. The property's size and features make it suitable for a variety of retail uses. Serious inquiries are encouraged to explore this prime retail opportunity further.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,005,000
    6.5%
    $925,000
    7%
    $860,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $759,000
    Market price range: $760k - $1.60M
    AI Estimate
    $649,000
    Market price range: $275k - $2.60M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $1,045,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.815
Latitude
38.817
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
$0.00
$8,540
$103,060
$111,600
-
$30,625
$369,375
$400,000
More about this property
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