615 Wooten RdColorado Springs, CO 80915
- Industrial properties
- 61,491 SF
For Sale
$6,882,662
View listing
Property Details for 615 Wooten Rd
- Year built
- 1975
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size (Sq ft)
- 61,491 SF
- Zone code
- PIP1 CU AO APZ2
- Property type
- Industrial properties
- Property subtype
- Distribution centers
- APN
- 6412302029
- APU
- 6412302029
Description
This exceptional Colorado Springs investment opportunity presents a fully leased, multi-tenant warehouse complex totaling 101,667 square feet. Located at 615 Wooten Rd, this single-story, 1967-built property boasts a strong 8.00% capitalization rate and an asking price of $6,882,662, translating to $67.70 per square foot. The property features four units currently occupied by five tenants, ensuring consistent cash flow. The property is zoned PIP1 CU AO APZ2 and benefits from its strategic location near major highways, offering significant growth potential in a rapidly expanding area. High visibility and ample parking further enhance its appeal. The property's APN numbers are 6412302027
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $15,395,288
- Hospitality
- $14,102,001
- Educational
- $11,732,700
- Medical
- $12,136,205
- Retail
- $18,250,866
615 Wooten Rd, Colorado Springs, Colorado
Location Insight
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Latitude
- 38.8415
- Longitude
- -104.736
- 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
$34,243
$116,260
$508,740
$625,000
-
$416,700
$1,823,440
$2,240,140
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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