8765 Vollmer Rd Colorado Springs, CO 80908
- Warehouses
- 10,600 SF
- 3.81 lot acres
Current Use by Public Records
- Warehouses
Property Details for 8765 Vollmer Rd
- Year built
- 1973
- Construction
- STEEL FRAME
- Lot size
- 3.81 lot acres
- Property size
- 10,600 SF
- Zone code
- I-2
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 5233001004
- APU
- 5233001004
Description
This 12,070-square-foot warehouse, located at 8765 Vollmer Rd in Colorado Springs, Colorado, is offered for sale at $1,100,000. The property boasts 10,600 square feet of net rentable space, with a price per square foot of $103.77. Built in 1973, this single-story industrial building sits on a 1.13-acre lot and features four buildings in total. The warehouse includes three loading docks and one dock-high door, offering ample loading and unloading capabilities. Ceiling heights range from 18 to 22 feet, providing generous vertical space. The property also includes a 1,400-square-foot office area and an attached outside storage area. The property is zoned I-2, allowing for a variety of uses. Its central location between the new intersections of Marshfield Road and Briargate Parkway offers convenient access to E Woodmen Road (approximately 6 minutes away). Total annual expenses are $12,656. This presents an excellent owner-user opportunity. The APN is 52330-01-004, and the zip code is 80908. Estimated delivery is six months from the listing date.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,365,000
- ML approach
- $1,315,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,675,000
- 6.5%
- $1,545,000
- 7%
- $1,435,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,268,000
Market price range: $1.27M - $2.66M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,745,000 Current use
- OFFICE BUILDING
- $2,265,000 Change: +30% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.678
- Latitude
- 38.9639
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA