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5628-5704 E Pikes Peak Avenue

Colorado Springs, CO 80916
  • $525,000
  • STATUS: Pending
  • ON SITE: 58 Days
  • ID#: 7789529
Under Contract
UPDATED: 64 min ago
$525,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

REcolorado logo Offered by National Investor Realty.

Description

This is the development opportunity you've been waiting for! Collect rents while you wait for your permits, or raise lease amounts to market for great cash flow. CAP rate is for projected rents. Two tenants currently in place; both leases are well below market, and will expire July 2023. 1.5 acres on industrial land consisting of three 1/2 acre parcels. Zoned PIP2 APZ1 AO, allowing for many uses, perfect for outdoor/ storage, self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.coloradorealestateadvisors.com/homes/131551447
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5628-5704 E Pikes Peak Avenue Colorado Springs, CO 80916

  • Price: $525,000
  • Status: Pending
  • On Site: 58 Days
  • Updated: 64 min ago
  • ID#: 7789529
0
Beds
0
Baths
0
½ Baths
1.5
Acres
County:
El Paso
Area:
Colorado Springs
Property Description
This is the development opportunity you've been waiting for! Collect rents while you wait for your permits, or raise lease amounts to market for great cash flow. CAP rate is for projected rents. Two tenants currently in place; both leases are well below market, and will expire July 2023. 1.5 acres on industrial land consisting of three 1/2 acre parcels. Zoned PIP2 APZ1 AO, allowing for many uses, perfect for outdoor/ storage, self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Size Area 1.5 Lot Size Square Feet 65340 Parking Total 0 Road Surface Type Gravel

Property Features

Contingency None Known Listing Terms CashConventional Property Sub Type Commercial Sewer Public Sewer Tax Annual Amount 1797 Tax Year 2021 Utilities Electricity Connected Water Source Public Zoning Pip2 Apz1 Ao

REcolorado logo Listing courtesy of National Investor Realty:719-527-1258. MLS #7789529


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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