Property profile

702 Bandley Dr Fountain, CO 80817

FOR LEASE
Manufacturing properties
Property ID
US13-0714609
250,868 SF 48.5 ac lot Built 1986
Entity Owned 12-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Distribution Center Logistics Company

Location

702 Bandley Dr Fountain, CO 80817
Fountain metro Census 4513 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k

Owner & transaction history

since 2014
5 recorded transactions
2019
Price N/A
2014
$4.1M
2002
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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