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2127 Airport Rd, Rifle, CO, 81650
Rifle Industrial Building with Cold Storage

2127 Airport Rd Rifle, CO 81650

For Sale
$4,750,000

27,461 SF industrial building with cold storage and retail potential.

Property Size27,461 SF
Lot Size2.39 Acres
Price / SF$172.97
Days on Market293

Property Features for 2127 Airport Rd

General Information

Standard status
Active
Size
27,461 SF
Lot size
2.39 Acres
Listing Agency: PROPERTY PROFESSIONALS
Listed By: Thomas Barnabic
Source: Exprealty
Added: Oct 8, 2025 Changed: Jul 6 Last Checked: Jul 25 at 4:12PM

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


Investment Insights

Based on property information with market context.

The property features an approximately 27,461 square foot dock-high building situated on approximately 2.39 acres. The core structure is constructed with insulated panels and includes an extensive cold storage and USDA-certified and monitored meat processing build-out. A full fire suppression system is installed throughout the building. Electrical service is 3 Phase 480/800 Amp. The property has 15 loading dock doors, two of which have ramps. The building includes an office area and a 3-bedroom, 2-bath apartment for employees. Located on Airport Road in Rifle, Colorado, 81650, the property is positioned between the Rifle Walmart and the Garfield County Airport, offering significant retail potential. It provides convenient access to I-70, situated directly between Denver and Salt Lake City, making it a strategic location for distribution to Colorado resort communities, Grand Junction, and beyond. Fixtures, furniture, and equipment, as well as USDA meat processing permitting, are included in the sale, presenting an incredible turnkey opportunity for a new operator. The building can be easily repurposed for other uses. 7,200 square feet are currently leased, providing income. Rifle, Colorado, and the Garfield County Airport are experiencing rapid growth due to the westward expansion from the resorts of Aspen and Vail. The seller is offering an adjacent approximately 1.94-acre vacant lot, listed separately, for $490,000 if purchased with the building in the same transaction, providing opportunities for expansion or other development uses. The property is also available for lease at $12 per square foot per year, NNN.

Key Highlights

  • USDA Certified and Monitored Meat Processing Facility: A turnkey operation with existing permitting and equipment included.
  • Strategic Location: Situated on Airport Road in Rifle, CO, with convenient I‑70 access between Denver and Salt Lake City, ideal for distribution to resort communities and beyond.
  • Income‑Generating Potential: 7,200 Sq. Ft. currently leased, providing immediate income.

Financial Insights For Retail

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 $494.3k $18.00
− Vacancy −$19.8k −$0.72
EGI $474.5k $17.28
− OpEx −$142.4k −$5.18
NOI $332.2k $12.10
27,461 SF · lease $18.00/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.75M
$4.15M – $5.54M (±1% cap)
NOI $332,168 @ 7.0% cap · market cap 6.99%
Second Best
Warehouse
$2.76M
$2.41M – $3.22M (±1% cap)
NOI $193,060 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$7.19M
$6.29M – $8.39M (±1% cap)
NOI $503,419 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Distribution property - 27,461 SF industrial building with cold storage and retail potential.
Where is this distribution property located?
The property is located at 2127 Airport Rd 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: USDA Certified and Monitored Meat Processing Facility: A **turnkey operation** with existing permitting and equipment included.; Strategic Location: Situated on Airport Road in Rifle, CO, with convenient I‑70 access between Denver and Salt Lake City, ideal for distribution to resort communities and beyond.; Income‑Generating Potential: **7,200 Sq. Ft. currently leased**, providing immediate income.
More about this property
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