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    2127 Airport Rd Rifle, CO 81650

    Sponsored
    For Sale
    $4,750,000

    COMMERCIAL - Rifle, CO

    Property size:
    27,461 SF
    Lot size:
    2.39 Acres
    Days on Market:
    6
    Last Refresh:
    Feb 3 at 11:06 am

    Property Features for 2127 Airport Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Light Commercial
    APN
    217715406002
    Size
    27,461 SF
    Lot size
    2.39 Acres

    Building Details

    Year built
    1999

    We can help!

    Listing Contact
    Thomas Barnabic

    Property Professionals (970) 625-2255

    Listing agent Thomas Barnabic (970) 274-2351

    Listing date Jan 29, 2026

    MLS# 190409

    Copyright © 2026 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Rifle Commercial Building with Cold Storage

    The property features an approximately 27,461 square foot dock-high building situated on approximately 2.39 acres. The core structure is built with insulated panels and includes an extensive cold storage and USDA-certified and monitored meat processing build-out. A full fire suppression system is installed throughout the building. The property has 3 Phase 480/800 Amp electric service and 15 loading dock doors, two of which have ramps. An office area and a 3-bedroom, 2-bath apartment for employees are included. Currently, 7,200 square feet is leased, providing income. The property is located on Airport Road in Rifle, Colorado, between the Rifle Walmart and the Garfield County Airport, offering significant retail potential. It provides convenient I-70 access, situated directly between Denver and Salt Lake City, making it a strategic location for distribution to the Colorado Resort Communities, Grand Junction, and beyond. Fixtures, furniture, and equipment, as well as USDA meat processing permitting, are included in the sale, presenting an incredible turnkey opportunity for a new operator. The building can be easily repurposed for other uses. Rifle, Colorado, and the Garfield County Airport are experiencing rapid growth due to the expansion westward from the resorts of Aspen and Vail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Grocery & Convenience Store Discount Store Furniture & Home Goods Computer & Electronic Repair Bakery Wine and Liquor Store Shopping Center & Mall Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rifle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.756014
    Latitude
    39.523121

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    FAQs

    What type of property is this?
    Distribution property - 27,461 SF building with cold storage on 2.39 acres.
    Where is this distribution property located?
    The property is located at 2127 Airport Rd Rifle, CO.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - USDA Certified and Monitored Meat Processing Facility with Included Permitting, Fixtures, Furniture, and Equipment; - Strategic Location: Between Denver and Salt Lake City with I-70 Access, near Rifle Walmart and Garfield County Airport; - 27,461 Sq. Ft. Dock High Building on 2.39 Acres with **15 Loading Dock Doors**
    (970) 274-2351
    Request Owner's contact information
    2127 Airport Rd Rifle, CO 81650
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    Rifle, CO 81650
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2127 Airport Rd Rifle, CO 81650
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    We can help!
    Listing Contact
    Thomas Barnabic
    (970) 274-2351
    Learn more
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