3425 Astrozon BlvdColorado Springs, CO 80910

Property Details for 3425 Astrozon Blvd

Year built

1996

Construction

STEEL FRAME

Lot size

1.00 AC

Property size (Sq ft)

2,697 SF

Zone code

M1 AO

Property type

Distribution centers

APN

6434406006

APU

6434406006

Description

This exceptional Colorado Springs industrial property, located at 3425 Astrozon Blvd, offers a single-tenant warehouse spanning 6,333 square feet. Situated on a one-acre lot, this property provides ample space for various industrial operations. The building is conveniently located near Hancock Street in El Paso County, Colorado, with easy access to major transportation routes. The warehouse is part of a larger offering that includes two additional structures: a 2,697 square foot office building and a 276 square foot welding shop. These buildings, totaling 3,360 square feet of additional space, can be leased separately or combined with the main warehouse. The combined lease for all three buildings is $15,000 per month. Alternatively, the main warehouse can be leased individually for $8,800 per month. The property's zip code is 80910. This presents a unique opportunity for businesses seeking a versatile and spacious industrial space in a prime Colorado Springs location. The property's coordinates are 38.7869101 latitude and -104.7647874 longitude. A separate, adjacent 2-acre fenced property at 3375 Astrozon is also available for lease at $8,000 per month.

• CAP approach

  CAP return

  Valuation

  6%

  $1,339,180

  6.5%

  $1,236,170

  7%

  $1,147,870

• Comparable approach

  Method

  Valuation

  Relative Method

  $356,522

  Geo Method

  $356,522

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $629,764

  Mixed-Use / Specialty

  $624,258

  Hospitality / Lodging

  $453,753

  Office

  $617,154

  Institutional / Educational

  $647,812

  Residential Income

  $757,940

  Multifamily

  $927,108

  Automotive / Energy

  $555,267

  Parking / Income-Based Land

  $194,837

  Restaurant / Food Service

  $317,723

  Healthcare / Senior Housing

  $643,509

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.7867

Longitude

-104.765

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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