535 Cimarron StColorado Springs, CO 80903

  • Industrial properties
  • 13,217 SF
For Sale

Property Details for 535 Cimarron St

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.49 AC
Property size (Sq ft)
13,217 SF
Zone code
PIP1/CR
Property type
Industrial properties
Property subtype
Distribution centers
APN
6418414133
APU
6418414133

Description

This exceptional industrial property, located at 535 E Cimarron St in Colorado Springs, CO 80903, presents a unique investment opportunity. The 13,250 square foot warehouse boasts 9,100 square feet of readily available space, ideal for a variety of uses including warehousing, manufacturing, or assembly. The property sits on a 0.49-acre lot and features four buildings, each two stories high, with a convenient 12-foot ceiling height. Ample parking is provided with 14 total spaces, and five drive-in bays ensure efficient loading and unloading. The building, constructed in 1986 and classified as Class C, offers a single-tenant occupancy. Electrical service includes 208 | 120 Volts 3 Phase 4 Wire. The property is zoned BP and its APN is 64184-14-133. Its strategic location just east of Downtown Colorado Springs offers easy access to I-25, providing excellent connectivity throughout the region. The existing space includes a blend of private offices and open office areas, providing flexibility for various business needs. This property represents a compelling opportunity to acquire a well-situated industrial space in a thriving Colorado Springs market. El Paso County location offers access to a robust workforce and established infrastructure.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,309,094
    Hospitality
    $3,031,113
    Educational
    $2,521,850
    Medical
    $2,608,580
    Retail
    $3,922,878
535 Cimarron St, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8264
Longitude
-104.814
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
$23,905
$26,270
$418,420
$444,690
-
$94,140
$1,499,698
$1,593,838

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