3010 Nevada AveColorado Springs, CO 80907

  • Retail space
  • 6,670 SF
For Lease
$33/SF/YR View listing

Property Details for 3010 Nevada Ave

Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.33 AC
Property size (Sq ft)
6,670 SF
Zone code
C6 NNA
Property type
Retail space
APN
6331404007
APU
6331404007

Description

This exceptional commercial warehouse opportunity is located in the thriving Fillmore Marketplace of Colorado Springs West, El Paso County, Colorado. The property, built in 1969 and zoned MX-M (Mixed-Use Medium Scale), offers a total of 9,428 square feet across two suites, with 2,240 square feet currently vacant. Individual spaces range from a minimum of 1,052 square feet to a maximum contiguous space of 1,188 square feet. The property sits on a 0.33-acre lot (14,375 square feet) and benefits from excellent visibility and accessibility at the intersection of Fillmore and N Nevada. This location boasts strong demographics and high traffic counts, further enhanced by its proximity to I-25. The property enjoys a vibrant tenant mix, including well-established businesses such as VASA Fitness, Roadhouse Cinemas, Rail Yard Gaming + Gastropub, Jersey Mike's Subs, Fast Fit Foods, Beaches Tanning Center, Supplement Giant, and Dunkin' Donuts. This high-traffic, lifestyle, and entertainment-focused environment provides significant advantages for any business seeking high visibility and a strong customer base. The property's strategic location and impressive tenant roster make it an ideal investment for businesses seeking a prime commercial space in a rapidly growing area. The property is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,144,667
    6.5%
    $1,979,693
    7%
    $1,838,286
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,388,710
    Geo Method
    $1,388,710
  • Alternative Use

    Use
    Valuation
    Residential
    $1,669,945
    Hospitality
    $1,529,660
    Educational
    $1,272,660
    Medical
    $1,316,428
    Retail
    $1,979,693

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.8749
Longitude
-104.82
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
-
$54,670
$199,550
$254,220
-
$195,938
$715,239
$911,177

FAQs

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