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Investment Highlights

  • Zoned for either Industrial Outdoor Storage or Industrial Development

Executive Summary

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing of 3820 Hancock Expressway in Colorado Springs, CO. The offering consists of 49,800 square feet of industrial building situated on 13.31 acres of land, zoned I-3. The building is constructed of Twin-T concrete and is approximately 70 percent warehouse and 30 percent office, with 14’ clear heights. The zoning and excess land make the property a good candidate for either Industrial Outdoor Storage or industrial development. The property is conveniently located off of Powers Boulevard (a major North-South thoroughfare) and Milton Proby Parkway (the main entry road into the Colorado Springs Airport). The building has two docks and four drive-in doors, and is fully sprinklered.

Property Facts

Price $11,888,210 CAD
Price Per SF $293.75 CAD
Sale Type Investment or Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Warehouse
Building Class B
Lot Size 13.31 AC
Rentable Building Area 40,470 SF
No. Stories 1
Year Built 1974
Parking Ratio 1.85/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Zoning GI - GI Industrial, El Paso County (Heavy Industrial)

Amenities

  • Fenced Lot

Utilities

  • Water
  • Sewer
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
65020-00-136
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$948,389 CAD
  • Listing ID: 32970538

  • Date on Market: 2024-08-27

  • Last Updated:

  • Address: 3820 Hancock Expy, Colorado Springs, CO 80911

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