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5628-5704 E Pikes Peak Avenue

Colorado Springs, CO 80916
  • $525,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 7425445
New On Site 5 Days Ago
UPDATED: 28 min ago
$525,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Pikes Peak Multiple Listing Service logo Listing provided courtesy of National Investor Realty: 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 for great cash flow. Two leases are currently in place; they are well below market, and both expire July 2023. Scheduled gross rents reflects potential lease amounts. Property taxes are for all three parcels. 1.5 acres of industrial land consisting of three 1/2 acre parcels, to be sold together. Zoning is PIP2 APZ1 AO, allowing for many potential uses; perfect for outdoor/ self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.

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Pikes Peak Multiple Listing Service logo The Treasure Davis Team | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2022-08-08T23:40:55.707.
www.treasuredavis.com/homes/131549042
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5628-5704 E Pikes Peak Avenue Colorado Springs, CO 80916

  • Price: $525,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 28 min ago
  • ID#: 7425445
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 for great cash flow. Two leases are currently in place; they are well below market, and both expire July 2023. Scheduled gross rents reflects potential lease amounts. Property taxes are for all three parcels. 1.5 acres of industrial land consisting of three 1/2 acre parcels, to be sold together. Zoning is PIP2 APZ1 AO, allowing for many potential uses; perfect for outdoor/ self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.
Interior Features

Unit Count 0

Property Features

Commercial Sub Type AutomotiveIndustrial-Business ParkSelf-StorageWarehouse/Distribution Commercial Use Type Investment Lease Type Gross Notices Not Applicable Offered For Sale Property Sub Type Land Property Type Commercial Sales Price High 525000 Tax Amount 1797.00



Pikes Peak Multiple Listing Service logo The Treasure Davis Team | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2022-08-08T23:40:55.707.
 
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The Treasure Davis Team | eXp Realty
5155 North Academy Blvd.
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of National Investor Realty: National Investor Realty.