2710 Delta PlColorado Springs, CO 80910

Property Details for 2710 Delta Pl

Year built

1971

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.76 AC

Property size (Sq ft)

4,836 SF

Zone code

M2

Property type

Office buildings

APN

6434205039

APU

6434205039

Description

This exceptional Colorado Springs office building, located at 2710 Delta Pl, offers 4,836 square feet on a 0.764-acre lot. Built in 1971 and extensively renovated in 2018, the single-story structure boasts updated mechanical systems (2010), a new roof (2009), fresh paint (2024), and recently replaced carpeting and flooring (2019). Zoned M-2 (heavy industrial), this property presents a unique opportunity for owner-users, particularly those in construction or industrial sectors. The building's past use with a construction business highlights its suitability for similar operations. Alternatively, the expansive lot allows for potential development or redevelopment within the heavy industrial zoning parameters. The asking price is $1,200,000, translating to $248.14 per square foot and $778,210 per acre for the land. This is a compelling investment opportunity in a prime Colorado Springs location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,057,799

  6.5%

  $976,430

  7%

  $906,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $399,550

  Geo Method

  $399,550

• Alternative Use

  Use

  Valuation

  Residential

  $1,210,772

  Hospitality

  $1,109,061

  Educational

  $922,726

  Medical

  $954,460

  Retail

  $1,435,351

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.7934

Longitude

-104.773

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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