Add Listing
    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

    37881 Highway 160 Mancos, CO 81328

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,400,000

    36 Acres, Two Homes, Huge Greenhouse

    Property size:
    13,740 SF

    Property Features for 37881 Highway 160

    General Information

    Property type
    Other commercial real estate
    Square Feet
    13,740 SF
    Lot Size
    1,573,387 SF

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Tim Singleton

    Listing Agency: 4 Corners Properties Inc. Listing Agent: Tim Singleton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 36.12-acre property in Mancos, Colorado, presents a unique opportunity. The centerpiece is a substantial 13,740-square-foot professional-grade greenhouse facility, ideally suited for a variety of horticultural applications. Most recently utilized for organic hemp CBD production, the facility boasts a pesticide-free history and is fully equipped for optimal growing conditions. The automated system includes wet wall humidification and cooling, powered blackout curtains, ventilation, air circulation, lighting, and heating systems. Power is supplied by a robust 1200-amp, three-phase service. Adjacent to the greenhouse is a 5-acre irrigated field. Irrigation is secured through .5 shares of Scheek Ditch and 5 acre-feet of Jackson Lake water. The property also includes two comfortable homes. The first is a single-story, 1,710-square-foot ranch house (3 bedrooms, 2 baths) built in 2013, with a 1,008-square-foot (2 bedrooms, 2 baths) guest house built in 2011. The second home is a two-story, 1,434-square-foot residence (3 bedrooms, 2 baths) with an attached garage and an additional 800-square-foot guest space. Further enhancing the property's versatility is a 30 x 28 insulated shop building with lean-tos, and a horse setup complete with six covered stalls, a loafing shed, a barn, and a pipe-fenced corral with heated watering. This turnkey operation offers significant potential for various agricultural and commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Travel Agency Pet Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mancos
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.3542
    Latitude
    37.32394

    Nearby Similar for Sale

    • $1,650,000
      6,190 SF

      Mancos, CO Mixed-Use Gem

      Historic Wrightsman House: 6,190 SF, $1.65M
      209 Bauer Ave, Mancos, CO 81328
      View Details
    • $475,000
      720 SF

      Mancos Restaurant - Turnkey Opportunity

      Newly remodeled, charming restaurant in Mancos, CO.
      108 Grand Ave, Mancos, CO 81328
      View Details
    • $410,000
      1,218 SF

      550 Railroad Ave, Mancos, CO 81328

      Mixed-use properties • 1,218 SF
      550 Railroad Ave, Mancos, CO 81328
      View Details
    • $625,000
      2,088 SF

      Mancos Commercial Building - Prime Location

      Historic Mancos landmark, fully remodeled, high-traffic area.
      123 Grand Ave, Mancos, CO 81328
      View Details
    • $1,290,000
      4,096 SF

      Mancos Ranch: Income-Generating Retreat

      Luxury B&B, Equestrian Facility, Event Venue
      11555 Road 39, Mancos, CO 81328
      View Details
    • $5,999,995
      13,590,720 SF

      Mancos Gravel Pit: High-Yield Investment

      312-Acre Industrial Gravel Pit, High-Demand Location
      160 Tbd Hwy, Mancos, CO 81328
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 36 Acres, Two Homes, Huge Greenhouse
    Where is this commercial real estate located?
    The property is located at 37881 Highway 160 Mancos, CO.
    What is the asking price?
    The asking price for this property is $4,400,000.
    Request Owner's contact information
    37881 Highway 160 Mancos, CO 81328
    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.
    37881 Highway 160
    Mancos, CO 81328
    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
    37881 Highway 160 Mancos, CO 81328
    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
    Tim Singleton
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!