715 Cir Dr Colorado Springs, CO 80910-2324
- Distribution centers
- 13,714 SF
- 0.69 lot acres
Current Use by Public Records
- Frank's Farm / Alternative Medicine Clinic / Alternative Medicine Practitioner
Property Details for 715 Cir Dr
- Year built
- 1972
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.69 lot acres
- Property size
- 13,714 SF
- Zone code
- PBC
- Property type
- Distribution centers
- APN
- 6421119010
- APU
- 6421119010
Description
This exceptional 14,000-square-foot flex space property, located at 715 S Circle Dr, Colorado Springs, CO 80910, presents a unique investment or occupancy opportunity. Situated on a sizable 30,014-square-foot lot in El Paso County, this single-building property boasts a versatile zoning designation encompassing Flex, Light Industrial, Retail, and Office uses. Built in 1972, the property currently features four individual suites, with a minimum divisible space of 5,000 square feet. This allows for flexibility in tenant occupancy, accommodating businesses of varying sizes. The property is undergoing major upgrades, enhancing its appeal and functionality. Large, open spaces are a key feature, providing ample room for diverse business needs. Tenants will also enjoy a beautiful view of the Valley Hi Golf Course. The property's convenient location offers easy access to I-25, just seven minutes away. Suites can be leased individually or combined to accommodate larger tenants. Furthermore, seller-carry financing options are available, making this an attractive proposition for qualified buyers. This property is ideal for businesses seeking a versatile and well-located space in a thriving Colorado Springs market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $520,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $490,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $560,000
- Retail
- $575,000
- Mixed-Use
- $545,000
- Hospitality
- $465,000
- Educational
- $435,000
- Residential Income
- $505,000
- Energy
- $465,000
- Income-Based Land
- $435,000
- Food Service
- $455,000
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.78
- Latitude
- 38.8218
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA