Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    352 ''Adj Airport NW Rifle, CO 81650

    Sponsored
    For Sale
    $7,000,000

    COMMERCIAL - Rifle, CO

    Lot size:
    70.00 Acres
    Days on Market:
    22
    Last Refresh:
    Feb 5 at 4:06 pm

    Property Features for 352 ''Adj Airport NW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural
    APN
    217724300398
    Lot size
    70.00 Acres

    We can help!

    Listing Contact
    Chris Leverich

    Leverich & Carr Real Estate (970) 925-5400

    Listing agent Chris Leverich (970) 925-5400

    Listing date Jan 15, 2026

    MLS# 182359

    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

    70 Acres Near Rifle Airport

    This 70-acre agricultural land parcel is located adjacent to the airport in Rifle, Colorado. The property is zoned for agricultural use. Water rights are deeded to the city of Rifle as part of development approvals. Mineral rights are excluded from the property sale. The land consists of broken-up parcels subject to filing and processing preliminary and final plat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Rifle
    County
    Garfield
    State
    Colorado
    Longitude
    -107.727009
    Latitude
    39.520264

    Nearby Similar for Sale

    • $2,600,000
      4.28 Acres

      Rifle Multifamily Development Opportunity

      Approved multifamily development with utilities and constructed units included.
      Rifle, CO 81650
      View Details
    • $3,595,000

      Rifle Commercial NNN Investment Property

      New warehouse investment property with 6% cap rate.
      1944 Airport Rd, Rifle, CO 81650
      View Details
    • $410,000
      1,468 SF

      Rifle Mixed-Use Corner Lot

      Mixed-use property with remodeling potential in a prime location.
      758 Rail Road Ave, Rifle, CO 81650
      View Details
    • $350,000
      1,438 SF

      Furnished Commercial Space in Rifle

      Move-in ready, furnished commercial office suite in downtown Rifle, Colorado.
      450 West Ave, Rifle, CO 81650
      View Details
    • New
      $4,750,000
      27,461 SF

      Rifle Commercial Building with Cold Storage

      27,461 SF building with cold storage on 2.39 acres.
      2127 Airport Rd, Rifle, CO 81650
      View Details
    • $225,000
      1,065 SF

      Adaptable Office Space in Rifle

      Open-concept office space with high visibility in Rifle, Colorado.
      450 West Ave, Rifle, CO 81650
      View Details
    • $699,000
      2,538 SF

      Rifle Commercial Restaurant Building For Sale

      Downtown Rifle commercial building, ideal for owner-operator or investment.
      119 W 3 St, Rifle, CO 81650
      View Details
    • $4,750,000

      Rifle Industrial Building with Cold Storage

      27,461 SF industrial building with cold storage and retail potential.
      2127 Airport Rd, Rifle, CO 81650
      View Details
    • $5,200,000
      39,440 SF

      Modern Industrial Campus For Sale

      Two buildings on 3.95 acres with highway visibility.
      6 Powerline Rd, Rifle, CO 81650
      View Details
    • $3,625,000
      4,439 SF

      Culver's Net Leased Investment

      Single tenant Culver's with long-term lease in Rifle, Colorado.
      600 Airport Rd, Rifle, CO
      View Details
    • $485,000

      Commercial Property Near Park Avenue

      Highly visible commercial property in Rifle, Colorado, built in 1997.
      330 Park Ave, Rifle, CO 81650
      View Details
    • $303,000

      Refined Office Space in Rifle

      Second-floor office suite with reception and private offices in Rifle.
      450 Ave West, Rifle, CO 81650
      View Details

    FAQs

    What type of property is this?
    Land - 70 acres of agricultural land near Rifle Airport.
    Where is this land located?
    The property is located at 352 ''Adj Airport NW Rifle, CO.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: - 70 Acres of Land; - Adjacent to Airport NW; - Water Rights Deeded to City of Rifle
    (970) 925-5400
    Request Owner's contact information
    352 ''Adj Airport NW Rifle, CO 81650
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    352 ''Adj Airport NW
    Rifle, CO 81650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    352 ''Adj Airport NW Rifle, CO 81650
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Leverich
    (970) 925-5400
    Learn more
    Google sign-in failed. Please try again or use another login method.