3895 Cascade AveColorado Springs, CO 80907

  • Office properties
  • 7,218 SF
For Lease
$23.33/SF/YR View listing

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
3895 Cascade Ave, Colorado Springs, Colorado

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

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
$10,592
$16,830
$182,010
$198,840
-
$60,336
$652,348
$712,684

FAQs

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