980 Elkton DrColorado Springs, CO 80907

  • Life science properties
  • 51,337 SF
For Lease
$15/SF/YR View listing

Property Details for 980 Elkton Dr

Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.35 AC
Property size (Sq ft)
51,337 SF
Zone code
PIP2 HS
Property type
Life science properties
APN
7324304012
APU
7324304012

Description

This exceptional Class A creative office building, located at 980 Elkton Dr in Colorado Springs, CO 80907, offers 50,000 total square feet on a 4.35-acre lot. Built in 1994, this single-story building features modern interior finishes and an open office landscape design, perfect for a variety of businesses. Currently, there is 24,500 square feet of vacant space available, with flexible options ranging from 4,600 to 17,572 square feet. The property boasts prominent monument and building signage, providing excellent visibility and branding opportunities. The building's design includes the unique feature of a lab space, catering to companies requiring specialized research or development areas. Furthermore, the adaptable layout allows for the addition of overhead doors, enhancing functionality and flexibility for various business needs. Situated in El Paso County, this property presents a compelling opportunity for businesses seeking a modern, well-located, and versatile office space. The property's multiple tenancy structure provides opportunities for diverse businesses to thrive within the same building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,853,067
    Hospitality
    $11,773,340
    Educational
    $9,795,281
    Medical
    $10,132,155
    Retail
    $15,237,103

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9006
Longitude
-104.846
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
$95,519
$200,890
$1,542,510
$1,743,400
-
$720,047
$5,528,726
$6,248,773

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