1130 Pecan StColorado Springs, CO 80904

Property Details for 1130 Pecan St

Year built

1986

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.33 AC

Property size (Sq ft)

3,280 SF

Zone code

M1/CR

Property type

Retail properties

Property subtype

Auto shops

APN

7414214021

APU

7414214021

Description

This exceptional 3,280-square-foot auto shop, situated on a 14,400-square-foot fenced and secured lot in Colorado Springs, CO, presents a unique investment opportunity. Built in 1986 and extensively renovated in 2020, this two-story building boasts an 18-foot ceiling height, ideal for various automotive uses. The property features three 10' x 10' drive-in doors and three 14' x 12' drive-in doors, ensuring ample access for vehicles. Power is supplied by a 3-phase, 200-amp, 208-volt system. A highlight is the service garage with a mezzanine level, complete with a kitchenette, bathroom, shower, lounge area, and an outdoor balcony offering stunning mountain and Garden of the Gods views. The M1/CR zoning allows for a variety of uses. This property is perfect for a boutique service center, a private and secure car barn, or a luxury man cave – a car collector's or race car driver's dream! The property's address is 1130 Pecan St, Colorado Springs, CO 80904, and its APN is 7414214021. The asking price is $1,495,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,054,649

  6.5%

  $973,522

  7%

  $903,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $682,904

  Geo Method

  $682,904

• Alternative Use

  Use

  Valuation

  Residential

  $821,202

  Hospitality

  $752,217

  Educational

  $625,836

  Medical

  $647,359

  Retail

  $973,522

Location Insight

City

Colorado Springs

County

El Paso

State

Colorado

Latitude

38.8362

Longitude

-104.861

CBSA code

17820

CBSA name

COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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