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    Property profile & analytics
    OFF-MARKET Estimated value $13,315,000
    Manufacturing properties

    702 Bandley Dr, Fountain, CO 80817-2830

    250,868 SF 48.5 ac lot Built 1986
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US13-0714609
    Property summary
    AI-generated overview

    This exceptional Fountain, CO, industrial property, located at 702 Bandley Dr, offers 362,291 square feet of Class A office, manufacturing, and warehouse space within the Planned Industrial District (PI) zoning. The property boasts a substantial 169,000 square feet of immediately available contiguous space, with a minimum divisible unit of 20,500 square feet. Built in 1986, the building features impressive 32' to 34.6" high ceilings, 20 dock-high doors, and 2 drive-in doors, ensuring efficient operations. Ample parking is provided with 1,000 spaces. The property sits on a 96-acre lot, with an additional 48+ acres of developable land available for separate purchase. Power is robust, featuring 12,470 volts, 8,500 KVA, and 12,000 amps. Its strategic location offers immediate access to Interstate 25, approximately 12 miles south of Colorado Springs, providing excellent visibility and convenient transportation. The property's APN is 56060-01-003 & 55310-00-056. This is a rare opportunity to secure prime industrial space in a thriving Colorado market.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1986
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 250,868 SF
    Lot 48.5 ac (2,112,660 SF)
    APN 5606001003
    UPID US13-0714609
    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
    • Peyton’s warehouse Warehouse & Storage
    • Kroger Distribution Center Distribution Center Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.32M
    Owner & transaction history
    Fountain Business Park LLC · 12 yrs held
    Fountain Business Park LLC
    since 2014
    5 recorded transactions
    2019
    2014
    $4.1M
    2002
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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