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    FOR SALE
    Distribution centers

    715 S Circle Dr Colorado Springs, CO 80910

    13,714 SF 0.69 ac lot Built 1972
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US13-0333389
    715 S Circle Dr, Colorado Springs, CO 80910 For Sale 1 / 26
    $700,000 13,714 SF
    715 S Circle Dr, Colorado Springs, CO 80910
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1972
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 13,714 SF
    Lot 0.69 ac (30,014 SF)
    Zoning code PBC
    APN 6421119010
    UPID US13-0333389
    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
    • Frank's Farm Medical Clinic Alternative Medicine Practice
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    Owner & transaction history
    JR 4 Zr Lllp · 2 yrs held
    JR 4 Zr Lllp
    since 2024
    Last sale
    $447,500
    2 recorded transactions
    2024
    $447,500
    2014
    Price N/A
    Zoning & alternative use
    PBC · Colorado Springs, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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