306 ChestnutColorado Springs, CO 80905

  • Warehouses
  • 7,116 SF
Off market
$3,606,400 Estimated

Property Details for 306 Chestnut

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.36 AC
Property size (Sq ft)
7,116 SF
Zone code
M2 SS
Property type
Warehouses
Property subtype
Self storage facilities
APN
7413406012
APU
7413406012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,533,420
    6.5%
    $3,261,620
    7%
    $3,028,650
  • Comparable approach

    Method
    Valuation
    Relative Method
    $940,678
    Geo Method
    $940,678
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,661,620
    Mixed-Use / Specialty
    $1,647,100
    Hospitality / Lodging
    $1,197,220
    Office
    $1,628,350
    Institutional / Educational
    $1,709,240
    Residential Income
    $1,999,810
    Multifamily
    $2,446,160
    Automotive / Energy
    $1,465,070
    Parking / Income-Based Land
    $514,076
    Restaurant / Food Service
    $838,308
    Healthcare / Senior Housing
    $1,697,890

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8299
Longitude
-104.836
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
$6,201
$15,970
$105,580
$121,550
-
$57,232
$378,413
$435,645

FAQs

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