3895 Cascade AveColorado Springs, CO 80907

Property Details for 3895 Cascade Ave

Year built

1999

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.47 AC

Property size (Sq ft)

7,218 SF

Zone code

M1 NNA

Property type

Office properties

Property subtype

Office buildings

APN

6330300063

APU

6330300063

Description

This exceptional Colorado Springs property at 3895 N Cascade Ave offers a unique blend of office and industrial space, perfect for a variety of businesses. The 7,218 square foot building boasts 3,600 square feet of immediately available office space, complemented by a flexible layout suitable for traditional office or flex uses. The property sits on a generous one-acre lot, providing ample outdoor space – ideal for storage, expansion, or simply enjoying a sizable yard. Built in 1999, the building is zoned M1, offering versatility for various commercial applications. The single-tenant occupancy ensures privacy and control. The property's location in Colorado Springs, Colorado (zip code 80907), offers convenient access to major transportation routes and amenities. The asking rent is $7,000 per month. The Assessor's Parcel Number (APN) is 6330300063. This is a rare opportunity to secure a substantial property with both indoor and outdoor space in a desirable location. Don't miss this chance to establish your business in a prime Colorado Springs setting.

• CAP approach

  CAP return

  Valuation

  6%

  $1,578,824

  6.5%

  $1,457,376

  7%

  $1,353,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $596,351

  Geo Method

  $596,351

• Alternative Use

  Use

  Valuation

  Residential

  $1,807,146

  Hospitality

  $1,655,336

  Educational

  $1,377,220

  Medical

  $1,424,584

  Retail

  $2,142,342

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8886

Longitude

-104.823

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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