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Property profile & analytics
OFF-MARKET Estimated value $1,745,000
Distribution centers

675 Elkton Dr Colorado Springs, CO 80907-3513

13,056 SF 1 ac lot Built 1973
Entity Owned 6-yr Hold Free & Clear
Property ID
US13-0972138
Property summary
AI-generated overview

This exceptional 13,056-square-foot single-tenant industrial distribution center is ideally situated in Colorado Springs, CO, at 675 Elkton Drive, zip code 80907. Built in 1973, this Class C property sits on one acre of land and features a single story with a generous 22-foot ceiling height. The building offers four drive-in doors, providing convenient access for loading and unloading. Ample parking is available with 20 spaces, representing a 1.53 parking ratio. The interior layout includes four offices, a large central common area adaptable for various uses (cubicles, displays, etc.), a conference area, kitchenette, and restrooms. Two additional offices are located within the warehouse space itself. The property also boasts a fully fenced yard, ensuring security and privacy. Its convenient location offers easy access to Interstate 25 and proximity to Garden of the Gods. The property is zoned PIP1HS and is ready for immediate occupancy. The APN is 73244-04-002. This property presents a fantastic opportunity for businesses seeking a well-maintained and strategically located distribution facility.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,056 SF
Lot 1 ac (43,560 SF)
Zoning code PIP2 HS
APN 7324404002
UPID US13-0972138
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
  • Canteen Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.74M
CAP Approach CAP
$2.22M
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$1.75M
Owner & transaction history
Beach Wood Partners Eb LLC · 6 yrs held
Beach Wood Partners Eb LLC
since 2020
Last sale
$1.5M
3 recorded transactions
2020
$1.5M
2020
Price N/A
2013
Price N/A
Zoning & alternative use
PIP2 HS · Colorado Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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