6058 Hollow Tree CtColorado Springs, CO 80918

  • Office properties
  • 2,614 SF
For Lease

Property Details for 6058 Hollow Tree Ct

Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
2,614 SF
Zone code
OC/CR CU
Property type
Office properties
Property subtype
Office buildings
APN
6316211048
APU
6316211048

Description

This 2,614 square foot warehouse, built in 1983, is located at 6058 Hollow Tree Ct, Colorado Springs, CO 80918. The property features a single tenancy, offering a versatile space ideal for various industrial uses. The warehouse boasts a 13-foot ceiling height, providing ample vertical storage capacity. Access is convenient with one drive-in door. The property has 200-amp power, sufficient for many operational needs. The zoning is designated OC/CR CU. The entire 2,614 square feet is currently vacant, presenting an immediate opportunity for occupancy. The building's layout is well-suited for a combination of showroom, office, and warehouse space, maximizing functionality. A key advantage is the availability of building signage, offering excellent visibility from North Academy Boulevard, enhancing marketing and brand recognition. This property presents a strong investment opportunity in a desirable Colorado Springs location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $571,771
    6.5%
    $527,789
    7%
    $490,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $215,969
    Geo Method
    $215,969
  • Alternative Use

    Use
    Valuation
    Residential
    $654,458
    Hospitality
    $599,480
    Educational
    $498,760
    Medical
    $515,914
    Retail
    $775,850
6058 Hollow Tree Ct, Colorado Springs, Colorado

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.9202
Longitude
-104.787
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
-
$14,300
$116,000
$130,300
-
$51,258
$415,785
$467,043

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