Views
Address
1875 Willow Park Way, Monument, CO
Price
$ 995,000
Property Attributes
- MLS#8745266
- TypeCommercial
- CountyEL PASO
- CityMonument
- Zip80132
- Style
- Year Built1973
- Taxes$ 10094
- Price$ 995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7960
- Lot Size2.05 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Great I25 Exposure, Main building is 6760 sqft Plus a 1200 sqft Metal Shop out building on 2 acres with potential of adding another outbuilding. Large 4" waterline plumbed to building!! Excellent location in Monument with easy access to I25. Colorado Springs is under 15 minutes with Denver being apx 45min and DIA apx an hour. The Main floor faces the Mountains with incredible views AND I25 visibility. Main floor garage with work area and flex space (office, warehouse, etc.) restrooms, adjacent parking lot. Downstairs has another garage and three more units, storage closets that rent, and rest rooms, utility bldg on property has long lease. The 1200 sqft Metal Shop is adjacent to the lower level with a parking lot. Individual spaces in parking lot. Both Building and Metal shop have 220v. All tenants are Month to Month. See Supplements for more Tenant information. 8'6" x 20' Shipping Container is included with sale. 1031 Exchange. Utility Bldg on property has long lease. El Paso County I2 Zoning, NOT under City of Monument jurisdiction. Owner Benefit affected in gross income numbers. 2023 numbers shown, 2024 rents increased.
| Price History | |
|---|---|
| 4/14/2024 | Listed $995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Connected |
| Possession | Closing/DOD |
| Roof | Tar/Gravel |
| Zoning | I-2 |
| Construction Materials | Concrete |
| Exclusions | All Tenant Property |
| Year Built | 1973 |
| Electric | 220 Volts |
| Property SubType | Industrial |
| Tax Year | 2022 |
| Current Use | Industrial,Office,Warehouse |
| Gross Income | 87600 |
| County | El Paso |
| Operating Expense | 23378 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Drive Indoors |
| Status | Active |
| Directions | From I25,Hwy 105 East to Woodmoor North to Willow Park Way West to Building |
| City | Monument |
| Buyer Agent Compensation | 2.0 |
| Lot Size Square Feet | 89298 |
| Street Name | Willow Park |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 10094 |
| Lease Considered Y/N | Yes |
| Lease Type | Gross |
| Standard Status | Active |
| Occupancy Description | Tenant (Multiple) |
| Cap Rate | 7 |
| Buyer Agent Compensation Type | % |
Interior Features
| Street Suffix | Way |
|---|
Exterior Features
| Parking Features | Circular Driveway,Finished |
|---|---|
| Water Source | Public |
| Total Parking | 30 |
| Lot Size Area | 2.05 |
| Building Area Total | 7960 |
| Lot Size Acres | 2.05 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Year Round |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80132
Price
Taxes
Visits
Year Built
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