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    687 Cora St Ridgway, CO 81432

    For Sale
    $2,000,000

    9,870 sq ft, I-2 zoned, ideal for manufacturing.

    Property size:
    9,870 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 9,870 square foot commercial building presents a rare opportunity in the desirable mountain town of Ridgway, Colorado. Situated on a half-acre I-2 zoned lot, this property offers unparalleled access and visibility at the intersection of US Highway 550 and Colorado Highway 62. Constructed eight years ago, the building is in pristine condition and ready for immediate occupancy – a true "plug and play" solution for industrial users. Its design allows for up to four separate tenants, providing flexibility for various business models. Unlike some properties in the area operating under restrictive "special use" permits, this building ensures long-term operational stability within its established zoning. The strategic location in Ridgway provides significant advantages for businesses seeking a thriving community with access to major transportation routes. The property's size and zoning make it suitable for a wide range of manufacturing or industrial applications. This is a unique chance to establish or expand your operations in a highly sought-after location within a vibrant mountain community. The building's robust construction and well-planned layout ensure a functional and efficient workspace. Don't miss this exceptional opportunity to secure a prime industrial property in Ridgway. The asking price is $2,000,000.

    Property Features for 687 Cora St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,870 SF

    Building Details

    Year Built
    2013
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Telluride Custom Millworks Cabinet Maker

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Spa & Massage Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Ouray County
    State
    Colorado
    Longitude
    -107.7579
    Latitude
    38.1582

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    FAQs

    What type of property is this?
    Commercial real estate - 9,870 sq ft, I-2 zoned, ideal for manufacturing.
    Where is this commercial real estate located?
    The property is located at 687 Cora St Ridgway, CO.
    What is the asking price?
    The asking price for this property is $2,000,000.
    (970) 626-3555
    Request Owner's contact information
    687 Cora St Ridgway, CO 81432
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    Ridgway, CO 81432
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    Realmo Value Estimation

    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.

    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.

    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
    687 Cora St Ridgway, CO 81432
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