11641 Ridgeline DrColorado Springs, CO 80921

  • Industrial properties
  • 1,877 SF
For Sale
$825,000 View listing

Property Details for 11641 Ridgeline Dr

Year built
2008
Construction
STEEL FRAME
Property size (Sq ft)
1,877 SF
Zone code
PIP1 CU
Property type
Industrial properties
Property subtype
Distribution centers
APN
6217407014
APU
6217407014

Description

This exceptional 2,842-square-foot commercial property in Colorado Springs, Colorado, presents a unique blend of executive office and warehouse space. Located at 11641 Ridgeline Drive, Unit A-160, zip code 80921, this 2008-built property is zoned PIP1 CU and offers a compelling investment opportunity. The asking price is $825,000, translating to $290.29 per square foot. The executive office area features high-end finishes, including a spacious open reception area, a large glass-enclosed conference room, two restrooms, and a modern kitchenette. The warehouse component, exceeding 1,200 square feet, boasts a 14-foot overhead door and impressive 22-foot ceilings, providing ample storage and operational space. A mezzanine level adds further versatility, offering additional open office or bullpen space. This property benefits from its strategic location near I-25 and Interquest, providing easy access to a wide array of amenities, including restaurants, hotels, and businesses such as Scheels, Innuits Burger, UC Health, Main Event, and a Regal Movie Theater. The property's combination of modern office space and substantial warehouse capacity makes it ideal for a variety of businesses seeking a convenient and well-appointed location in a thriving Colorado Springs commercial district.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $469,938
    Hospitality
    $430,461
    Educational
    $358,138
    Medical
    $370,455
    Retail
    $557,104
11641 Ridgeline Dr, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
39.0011
Longitude
-104.796
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,401
$18,510
$67,780
$86,290
-
$66,345
$242,929
$309,274

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