6450 Southmoor DrFountain, CO 80817

Property Details for 6450 Southmoor Dr

Year built

1910

Construction

WOOD FRAME

Lot size

3.32 AC

Property size (Sq ft)

1,714 SF

Zone code

EPC

Property type

Office buildings

APN

6513300005

APU

6513300005

Description

This exceptional 4,000 square foot flex space industrial property, located at 6450 Southmoor Drive in Fountain, Colorado, presents a compelling leasing opportunity. Situated on a spacious lot exceeding one acre, the building offers convenient features such as multiple overhead doors and a secure, gated entry. Ample water and electricity are readily available, complemented by strategically placed floor drains for enhanced functionality. The property's prime location provides easy access to I-25, ensuring efficient transportation for businesses requiring convenient highway access. This versatile industrial building offers significant potential for a wide range of businesses seeking a functional and well-located space. The property is a single-tenant building in El Paso County, Colorado, with a zip code of 80817. Its strategic location and practical features make it an attractive option for businesses looking to establish or expand their operations in a thriving area. The property's size and amenities make it suitable for various industrial and flex-use applications. This is a rare opportunity to secure a well-maintained and conveniently located industrial space in a desirable Colorado market.

• CAP approach

  CAP return

  Valuation

  6%

  $424,898

  6.5%

  $392,214

  7%

  $364,199

• Comparable approach

  Method

  Valuation

  Relative Method

  $141,611

  Geo Method

  $141,611

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $785,612

  Retail / Commercial

  $400,228

  Mixed-Use / Specialty

  $396,729

  Hospitality / Lodging

  $288,370

  Institutional / Educational

  $411,698

  Residential Income

  $481,686

  Multifamily

  $589,197

  Automotive / Energy

  $352,884

  Parking / Income-Based Land

  $123,823

  Restaurant / Food Service

  $201,920

  Healthcare / Senior Housing

  $408,963

Location Insight

City

Fountain

County

El Paso

State

Colorado

Latitude

38.7407

Longitude

-104.739

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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