Refrigerated Cold Storage
New
For Sale
$4,750,000
2127 Airport Road, Rifle, CO 81650
USDA-certified meat-processing improvements, equipment, and permitting are included with the property.
Property Size27,461 SF
Lot Size2.39 Acres
Price / SF$172.97
Days on Market4
Property Features for 2127 Airport Road
General Information
Standard status
Active
Size
27,461 SF
Lot size
2.39 Acres
Property subtype
Commercial
Zoning
Light Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
15
Power
800 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Cold Storage
Yes
Additional Details
Asking Price
$4,750,000
Tenant in Place
Yes
Property Use
Cold Storage and Meat Processing
Taxes and HOA fees
Annual Taxes
$33,195
Amenities
3 Bedroom two bath apartment
Building Details
Building Size
27,461 SF
Year Built
1999
Buildings
1
Construction
insulated panels
Listing Agency:
Property Professionals
(970) 625-2255
Listed By:
Thomas Barnabic
(970) 274-2351
Source:
Frontierhomeandranch
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 4:13PM
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 Property Professionals
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Investment Insights
Based on property information with market context.
The 27,461-square-foot building occupies approximately 2.39 acres and was constructed in 1999. Its insulated-panel structure contains a USDA-certified, monitored meat-processing build-out, with fixtures, furniture, equipment, and permitting included. The facility has 15 dock doors, including two ramp-equipped positions, a full-building fire suppression system, and three-phase 480/800-amp electrical service. Office space and a three-bedroom, two-bath apartment are also on site.
The property is on Airport Road in Rifle, between Walmart and Garfield County Airport, with access to I-70. A 7,200-square-foot portion is leased. The building is also described as adaptable for other uses.
The property is on Airport Road in Rifle, between Walmart and Garfield County Airport, with access to I-70. A 7,200-square-foot portion is leased. The building is also described as adaptable for other uses.
Key Highlights
- 27,461‑square‑foot building on approximately 2.39 acres
- USDA‑certified, monitored meat‑processing build‑out; equipment and permitting included
- 15 loading dock doors, two with ramps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$193,060
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,861,200
$3.9M
Cap Rate 7%
$2,758,000
$2.8M
Cap Rate 9%
$2,145,111
$2.1M
Market Conditions
NOI Build-Up for 27,461 SF
Gross rent
$247.1K $9.00/SF
− Vacancy
−$20.0K −$0.73/SF
EGI
$227.1K $8.27/SF
− OpEx
−$34.1K −$1.24/SF
NOI
$193.1K $7.03/SF
Area
Garfield County, CO
Vacancy
8.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,861,200
Cap Rate 7%
$2,758,000
Cap Rate 9%
$2,145,111
Alternative Uses
Best Use
Warehouse
$2.76M
$2.41M – $3.22M
NOI $193,060 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$2.27M
$1.99M – $2.65M
NOI $158,991 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$7.19M
$6.29M – $8.39M
NOI $503,419 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
15
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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Business Placement
Demographics for 81650, CO
14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - USDA-certified meat-processing improvements, equipment, and permitting are included with the property.
Where is this refrigerated & cold storage located?
The property is located at 2127 Airport Road Rifle, CO.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 27,461‑square‑foot building on approximately 2.39 acres; USDA‑certified, monitored meat‑processing build‑out; equipment and permitting included; 15 loading dock doors, two with ramps
