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Agricultural Farm with Insulated Warehouse
For Sale
$1,195,000

16619 Grange Rd, Paonia, CO 81428

Insulated, heated warehouse and active irrigation support an agricultural operation alongside multiple greenhouse structures.

Property Size4,800 SF
Lot Size28.95 Acres
Price / SF$248.96
Days on Market83

Property Features for 16619 Grange Rd

General Information

Standard status Active
Size 4,800 SF
Lot size 28.95 Acres

Additional Details

Water Rights Yes
Listing Agency: HomeSmart Realty Partners
Listed By: Charlotte Martin · License #EA40005061
Source: Exprealty
Added: May 10 Changed: Jul 10 Last Checked: Jul 31 at 3:30PM

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 HomeSmart Realty Partners

Investment Insights

Based on property information with market context.

This one-of-a-kind agricultural property features a 4,800-square-foot insulated and heated warehouse that previously functioned as a packing shed for hemp and hops. The warehouse includes commercially sized power efficiency, ceiling height racks for storage, and two scissor lifts, with the ability to support storage, growing, and drying activities. A commercially designed pump house supports the irrigation system with filtration and a nutrient delivery system. The site also includes a 2,000-square-foot shop and 9 greenhouses surrounding the warehouse, made up of 4 Gothic-style greenhouse structures with 4,000-square-foot frames and 5 additional greenhouses with 2,400-square-foot frames, all of which need new covering.

The property is offered for sale with no covenants or deed restrictions. It includes 35 priority shares of Stuart ditch irrigation water, plus a 1/3 interest in a three-household well. The setting is described as along the north Fork of the Gunnison River, with private BLM access from the hill leading up from the river. The remarks also note the property sits up-river from painted vineyards and Black Bridge Winery, with 12 wineries in the area listed as part of the West Elks Winery Association.

Designed for agricultural users who want on-site infrastructure, the combination of insulated warehouse space, greenhouse capacity, and established irrigation support a range of production or distribution activities. The presence of water rights and the irrigation system can help reduce dependence on off-site inputs, while the existing greenhouse mix may support phased redevelopment based on the tenant or operator’s specific cultivation plan.

Key Highlights

  • 28.95‑acre property with history as an organic hemp farm, organic hops farm, and organic apple orchard dating back to the late 1800s
  • Includes 35 (priority) shares of Stuart ditch irrigation water plus an irrigation system with a commercially designed pump house, filtration, and nutrient delivery
  • 4800 SF insulated and heated warehouse formerly used for packing hemp and hops, with commercial‑sized power efficiency, two scissor lifts, and ceiling‑height storage racks

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Auto Repair Shop Wine and Liquor Store Food Market Farmer's Market Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 81428, CO

3,635
Population
2,150
Households
1.7
Avg Household Size
51
Median Age
39%
College-Educated
94%
High-School Grad
189.6 sq mi
ZIP Area
19
Density / Sq Mi
$76,964
Median Household Income
$51,050
Median Earnings
$1,007
Median Rent
$371,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Insulated, heated warehouse and active irrigation support an agricultural operation alongside multiple greenhouse structures.
Where is this cannabis property located?
The property is located at 16619 Grange Rd Paonia, CO.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 28.95‑acre property with history as an organic hemp farm, organic hops farm, and organic apple orchard dating back to the late 1800s; Includes 35 (priority) shares of Stuart ditch irrigation water plus an irrigation system with a commercially designed pump house, filtration, and nutrient delivery; 4800 SF insulated and heated warehouse formerly used for packing hemp and hops, with commercial‑sized power efficiency, two scissor lifts, and ceiling‑height storage racks
More about this property
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