6140 Champlin Dr Fountain, CO 80817
- Manufacturing properties
- 9,976 SF
- 1.42 lot acres
Current Use by Public Records
- Tube Bending Concepts / Machine Shop
- Built To Last, Inc. / Cabinet Maker
- The Old Red Barn Furniture Company / Furniture Maker
- United RF / Consultant
Property Details for 6140 Champlin Dr
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 1.42 lot acres
- Property size
- 9,976 SF
- Property type
- Manufacturing properties
- APN
- 5607204009
- APU
- 5607204009
Description
This exceptional 10,000-square-foot industrial warehouse, situated on a 1.42-acre lot in Fountain, Colorado's Champlin Industrial Park, presents a compelling investment opportunity. Priced at $2,200,000 ($220/SF), this single-tenant property boasts a strong financial performance, with a current annual net operating income (NOI) of $120,000 and a 6% cap rate. The building features a 3-year lease in place with a national credit tenant. Conveniently located off I-25 South, near the Amazon distribution center and Fort Carson, this property offers easy access to major transportation routes and military installations. The 10,000-square-foot building includes approximately 1,500 square feet of office space, featuring a reception area, three offices, and two ADA-compliant restrooms. The remaining 8,500 square feet comprises a shop area equipped with a 14-foot overhead door, a drive-in door, and 480V, 3-phase electric service with multiple sub-panels. A fenced yard enhances security and functionality. The property is zoned for various commercial uses, including manufacturing, and is approved for a 10,000-square-foot expansion, offering significant future growth potential. Annual property taxes are approximately $9,474. The property's APN is 719-337-9551 or 719-337-0999.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,520,000
- 6.5%
- $1,615,000
- 7%
- $1,535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,350,000
- Geo Method
- $1,600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,300,000
- Retail
- $1,585,000
- Mixed-Use
- $1,645,000
- Hospitality
- $1,530,000
- Educational
- $1,640,000
- Residential Income
- $1,650,000
- Energy
- $1,355,000
- Income-Based Land
- $1,635,000
- Food Service
- $1,375,000
Location Insight
- Map
- Local Demand
- City
- Fountain
- County
- El Paso
- State
- Colorado
- Longitude
- -104.713
- Latitude
- 38.6746
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
