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    Commercial Greenhouse Property in Ordway Title is generated by Realmo AI

    8422 Maverick Lane, Ordway, CO 81063

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    For Sale
    $225,000

    COMMERCIAL - Ordway, CO

    Property size:
    5,616 SF
    Lot size:
    5.20 Acres
    Price / SF:
    $40/SF
    Added:
    Apr 10, 2026
    Days on Market:
    36
    Last Refresh:
    May 15 at 8:06 am

    Property Features for 8422 Maverick Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COM
    Standard status
    Active
    APN
    10802229
    Size
    5,616 SF
    Lot size
    5.20 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Lot 22, Amended Maverick Acres Subdivision, Town of Ordway, State of Colorado
    Tax Annual Amount
    9422

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Electric (Heating), Natural Gas
    Cooling system
    Evaporative Cooling, Central Air

    Building Details

    Year built
    2018
    Floors in Building
    1
    Roof type
    Metal

    We can help!

    Listing Contact
    Janet Corbin

    Listing agent Janet Corbin

    Listing office Great Plains Land Company, LLC CO

    Listing date Apr 10, 2026

    MLS# 236765

    Copyright © 2026 Pueblo Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey 5.2‑acre commercial greenhouse property with full automation and expansion infrastructure in place.
    • 3,600 sq. ft. NEXUS greenhouse equipped with water‑wall cooling, blackout curtain system, roof vents, LED cultivation lighting, AC with heat pumps, dehumidification, and CO2 emitters.
    • 2,016 sq. ft. metal warehouse configured as headhouse/seedling production space, with loft office and two bathrooms.
    • Expansion‑ready with a 6,000 sq. ft. poured concrete pad and additional acreage suitable for outdoor cultivation.
    • Formerly licensed cultivation production facility; positioned for efficient relicensing for wholesale cultivation.
    • 3‑phase power and city water via private water management company.

    Overview

    This 5.2-acre commercial property in Ordway, Colorado, features a 3,600 sq. ft. NEXUS greenhouse with full automation, including water-wall cooling, a blackout curtain system, roof vents, LED cultivation lighting, AC with heat pumps, ceiling fans, dehumidification, and CO2 emitters. Attached is a 2,016 sq. ft. metal warehouse configured as a headhouse or seedling production space, complete with a loft office and two bathrooms. Expansion infrastructure is already in place, including a 6,000 sq. ft. poured concrete pad ready for a hoop house. Additional acreage is suitable for outdoor cultivation. The property has 3-phase power and city water via a private water management company. Formerly licensed as a cultivation production facility, the property is positioned for efficient relicensing for wholesale cultivation through Crowley County and the State MED. It is suited for a wide range of high-value crops including tomatoes, cucumbers, peppers, leafy greens, herbs, microgreens, strawberries, mushrooms, hops, lavender, saffron, and more. This turnkey site delivers the infrastructure to move fast.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cannabis Properties

    Map

    City
    Ordway
    County
    Crowley
    State
    Colorado
    Longitude
    -103.8
    Latitude
    38.363

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    FAQs

    What type of property is this?
    Cannabis property - 5.2-acre commercial greenhouse property, fully equipped and infrastructure-ready.
    Where is this cannabis property located?
    The property is located at 8422 Maverick Lane Ordway, CO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Turnkey 5.2‑acre commercial greenhouse property with full automation and expansion infrastructure in place.; **3,600 sq. ft. NEXUS greenhouse** equipped with water‑wall cooling, blackout curtain system, roof vents, LED cultivation lighting, AC with heat pumps, dehumidification, and CO2 emitters.; 2,016 sq. ft. metal warehouse configured as headhouse/seedling production space, with loft office and two bathrooms.
    (719) 469-9496
    We can help!
    Listing Contact
    Janet Corbin
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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