3820 Hancock ExpyColorado Springs, CO 80911

For Sale
$8,600,000

Colorado Springs Industrial Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
This vacant, 49,800-square-foot industrial building in Colorado Springs, Colorado presents a compelling value-add investment opportunity. Located at 3820 Hancock Expressway, this Class B property sits on a spacious 13.31-acre lot zoned GI in El Paso County (zip code 80911). Built in 1974, the structure features a combination of warehouse (70%) and office (30%) space, boasting 14-foot clear heights. The building includes two loading docks and two dock-high doors, along with a fully sprinklered system. Its strategic location offers convenient access to major thoroughfares like Powers Boulevard and Milton Proby Parkway, providing easy access to the Colorado Springs Airport. The expansive lot size and flexible zoning (GI) make this property ideal for various industrial uses, including potential expansion or redevelopment for industrial outdoor storage or further industrial development. The asking price is $8,600,000, translating to $172.69 per square foot. This property is currently vacant, offering immediate potential for lease or redevelopment.

Highlights

  • $8,600,000 asking price for this value-add industrial property.
  • 49,800 square feet building on a 13.31-acre lot in Colorado Springs, CO.
  • B Class industrial building, currently vacant.
  • $172.69 price per square foot.
  • Built in 1974, with 14' clear ceiling height.
  • GI-Colorado Springs zoning.

Property Details for 3820 Hancock Expy

Property type
Other warehouses, Other industrial properties
Square Feet
49,800 SF
Class
B
Year Built
1974
Lot Size (sq. ft)
579,784 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.775963
Longitude
-104.7411599
3820 Hancock Expy, Colorado Springs, Colorado

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3820 Hancock Expy
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