3320 Chelton LoopColorado Springs, CO 80909

Property Details for 3320 Chelton Loop

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.29 AC

Property size (Sq ft)

4,040 SF

Zone code

C6

Property type

Office properties

Property subtype

Office buildings

APN

6415112003

APU

6415112003

Description

This exceptional 4,040-square-foot industrial property, situated on a 0.29-acre lot, presents a fantastic opportunity for a single tenant. Built in 1981 and classified as Class C, this warehouse/flex space boasts a highly functional layout. The building features nine private offices, perfect for administrative needs, and a convenient kitchenette. The warehouse itself is in excellent condition and includes a mezzanine for added storage capacity. Two overhead drive-in doors provide easy access to the property's fully fenced storage yard, enhancing operational efficiency. The C6 zoning allows for a variety of uses, making this property highly versatile. This single-tenant occupancy building is immediately available and ready for its next occupant. The combination of office space, warehouse area, and secure outdoor storage makes this an ideal location for businesses requiring a blend of administrative and operational space. The property's move-in ready condition eliminates the need for costly renovations, allowing for immediate occupancy and a quick return on investment. Don't miss this chance to secure this well-maintained and strategically located industrial property.

• CAP approach

  CAP return

  Valuation

  6%

  $883,686

  6.5%

  $815,710

  7%

  $757,445

• Comparable approach

  Method

  Valuation

  Relative Method

  $333,785

  Geo Method

  $333,785

• Alternative Use

  Use

  Valuation

  Residential

  $1,011,481

  Hospitality

  $926,511

  Educational

  $770,846

  Medical

  $797,357

  Retail

  $1,199,094

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8372

Longitude

-104.766

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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