Industrial Locker Plant
140 S 8th Street Silt, CO 81652
For Sale
$599,000
One-level concrete block industrial building with office space and multiple coolers, suitable for cold-storage reconfiguration.
Property Size2,892 SF
Lot Size0.32 Acres
Price / SF$207.12
Days on Market88
Property Features for 140 S 8th Street
General Information
Standard status
Active
Size
2,892 SF
Lot size
0.32 Acres
Property subtype
General Commercial
Building Details
Year Built
1946
Listing Agency:
RE/MAX Mountain West
(970) 379-3907
Listed By:
Michael Kennedy · License #EA781235
(970) 379-3907
Source:
Xome
Added: May 3
Changed: Jul 10
Last Checked: Jul 29 at 4:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Mountain West
Investment Insights
Based on property information with market context.
The property is a one-level concrete block industrial building currently operated as a locker plant. The layout includes a small office area and half bath, along with a meat cutting room and several large coolers. In addition, the freezer lockers have been rented to the public, and the improvements could be reconfigured for alternative uses.
The building is located in Silt, Colorado, near the main round-about. As described, the site provides a straightforward setting for industrial and storage-oriented tenants who need functional interior space and existing temperature-controlled components.
For buyers or operators, this configuration can support continued cold-storage and locker-style operations, while also offering flexibility for a different industrial use if the current spaces are redesigned. A locker plant operator may have interest in a lease-back arrangement in the event of a sale, although the business is not for sale at this time. Overall, the property’s mix of office support space and temperature-controlled rooms can be a practical fit for users seeking an industrial building that already incorporates cold-storage functionality.
The building is located in Silt, Colorado, near the main round-about. As described, the site provides a straightforward setting for industrial and storage-oriented tenants who need functional interior space and existing temperature-controlled components.
For buyers or operators, this configuration can support continued cold-storage and locker-style operations, while also offering flexibility for a different industrial use if the current spaces are redesigned. A locker plant operator may have interest in a lease-back arrangement in the event of a sale, although the business is not for sale at this time. Overall, the property’s mix of office support space and temperature-controlled rooms can be a practical fit for users seeking an industrial building that already incorporates cold-storage functionality.
Key Highlights
- One‑level concrete block industrial building in Silt on 0.32 acres, close to the main round‑about
- Built in 1946; interior includes small office area and half bath
- Includes meat cutting room and several large coolers
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.5k | $21.96 |
| − Vacancy | −$8.9k | −$3.07 |
| EGI | $54.6k | $18.89 |
| − OpEx | −$13.7k | −$4.72 |
| NOI | $41.0k | $14.16 |
2,892 SF · lease $21.96/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$585.2K
$512.0K – $682.7K
NOI $40,963 @ 7.0% cap · market cap 6.84%
Second Best
Warehouse
$290.5K
$254.2K – $338.9K
NOI $20,332 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$757.4K
$662.7K – $883.6K
NOI $53,017 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Silt Storage — 1547 Main St, Silt, CO 81652
- FreeUp Storage Silt — 357 S 16th St, Silt, CO 81652
Frequently Asked Questions
What type of property is this?
Warehouse - One-level concrete block industrial building with office space and multiple coolers, suitable for cold-storage reconfiguration.
Where is this warehouse located?
The property is located at 140 S 8th Street Silt, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: One‑level concrete block industrial building in Silt on 0.32 acres, close to the main round‑about; Built in 1946; interior includes small office area and half bath; Includes meat cutting room and several large coolers
