Property profile

8145 N Union Blvd Colorado Springs, CO 80920

FOR LEASE
Auto shops
Property ID
US13-2678818
3,227 SF 48.98 ac lot Built 1985
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Mountain Vista Business Center, located at 8145 & 8245 N Union Blvd in Colorado Springs, CO 80920, presents a significant opportunity for businesses seeking flexible industrial and office space. This expansive property totals 263,374 square feet and sits on a generous 33.56-acre lot. The building is currently fully vacant, offering immediate occupancy for a single large tenant or multiple smaller tenants. Space is divisible down to 12,790 square feet, with a maximum contiguous space of 230,300 square feet. The property's versatile design caters to a variety of needs, encompassing executive office, warehouse, manufacturing, and traditional office spaces. Features include a remarkable 45-foot ceiling height, providing ample vertical space for storage or specialized equipment. Loading and unloading are facilitated by four dock-high doors and four drive-in doors. Ample parking is available with 1050 spaces. The property is zoned PIP-1 (30% lot coverage), offering development flexibility. This prime El Paso County location provides easy access to major transportation routes and offers a strategic advantage for businesses seeking a prominent presence in the Colorado Springs market. The property's size and features make it ideal for a wide range of industrial and office users, from distribution centers to manufacturing facilities and corporate headquarters. Contact us today to explore the possibilities.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,227 SF
Lot 48.98 ac (2,133,568 SF)
Zoning code PIP1
APN 63031-04-005
UPID US13-2678818

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8145 N Union Blvd Colorado Springs, CO 80920
Colorado Springs metro Census 6802 COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

Zoning & alternative use

PIP1 · Colorado Springs, CO

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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