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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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