This exceptional 34,200-square-foot industrial property, located at 5010 Centennial Blvd in Colorado Springs, Colorado, presents a unique investment opportunity. The single-tenant building sits on 2.16 acres of land and is zoned BP. The space is ideally suited for distribution, warehouse, or manufacturing operations, boasting a functional layout designed for efficiency. The building features a substantial 29,412 square feet (86%) of warehouse space complemented by 4,788 square feet (14%) of air-conditioned office space. The warehouse area is equipped with floor drains running the length of both the east and west sides, adding to its practicality. For added climate control, the entire building is 100% air-conditioned and includes mounted gas-fed heaters throughout the warehouse. Ample parking is provided with 80 spaces available. This prime location within El Paso County (zip code 80907) places the property in a highly sought-after submarket known for its concentration of manufacturing and technology companies. The area is home to notable corporate neighbors such as Amazon, Entegris, SRAM, GRAINGER, and Verizon, underscoring the strength and desirability of this location. This property offers a compelling combination of size, functionality, and location, making it an attractive prospect for a variety of industrial users.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$8,562,535
Hospitality
$7,843,236
Educational
$6,525,480
Medical
$6,749,902
Retail
$10,150,748
Location Insight
City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9028
Longitude
-104.858
CBSA code
17820
CBSA name
COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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