Refrigerated Cold Storage
2127 Airport Road, Rifle, CO 81650
For Sale
$4,750,000
Commercial Sale, Rifle, CO
Property Size27,461 SF
Lot Size2.39 Acres
Price / SF$172.97
Days on Market403
Property Features for 2127 Airport Road
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
employee apartment
Building Details
Year built
Listing Agency:
Property Professionals
(970) 625-2255
Listed By:
Thomas Barnabic
(970) 274-2351
Added: Oct 6, 2025
Changed: Oct 8
Last Checked: Nov 12 at 8:06PM
MLS# 190409
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 27,461-square-foot refrigerated and cold storage facility occupies approximately 2.39 acres and was built in 1999. The building includes insulated-panel construction, USDA-certified and monitored meat-processing improvements, a full fire suppression system, and 3 Phase 480/800 Amp electric service. Fifteen loading dock doors, including two equipped with ramps, support receiving and distribution operations. Interior components include office space and a three-bedroom, two-bath apartment for employees. Fixtures, furniture, equipment, and USDA meat-processing permitting are included.
The property is located at 2127 Airport Road in Rifle, between Rifle Walmart and Garfield County Airport, with direct access to I-70. The site is positioned for distribution serving Colorado resort communities, Grand Junction, and surrounding markets. Approximately 7,200 square feet is leased and provides income. Zoning is Light Commercial, and the building may be repurposed for other uses.
The property is located at 2127 Airport Road in Rifle, between Rifle Walmart and Garfield County Airport, with direct access to I-70. The site is positioned for distribution serving Colorado resort communities, Grand Junction, and surrounding markets. Approximately 7,200 square feet is leased and provides income. Zoning is Light Commercial, and the building may be repurposed for other uses.
Key Highlights
- 27,461‑square‑foot building on approximately 2.39 acres
- USDA‑certified and monitored meat‑processing improvements with included permitting
- 15 loading dock doors, including 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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Property Analytics
Who owns this building?
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Current Use
Lease Details
15
Dock-high doors
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Refrigerated & cold storage - Industrial facility with cold storage, meat-processing improvements, loading infrastructure, and office and residential components.
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 and monitored meat‑processing improvements with included permitting; 15 loading dock doors, including two with ramps
