Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19970 Tamarack Ln Ordway, CO 81063

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    18,528 SF Warehouse on 2.11 Acres

    Property size:
    18,528 SF

    Property Features for 19970 Tamarack Ln

    General Information

    Property type
    Distribution properties
    Square Feet
    18,528 SF
    Lot Size
    91,912 SF

    We can help!

    Listing Contact
    Brett Bennett

    Listing Agency: Ajax Real Estate, LLC Listing Agent: Brett Bennett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 18,528-square-foot industrial property, situated on a spacious 2.11-acre lot in Ordway, Colorado, presents a unique investment opportunity. Built in 2021, the property boasts a state-of-the-art 12,000-square-foot Nexus greenhouse building featuring water wall-cooled bays, ideal for cultivation or similar uses. In addition to the greenhouse, the property includes a 1,728-square-foot pump house and two 2,400-square-foot warehouse buildings, providing ample space for various operational needs. The property benefits from essential utilities, including 3-phase power and city water connections. Its versatile zoning allows for agricultural, commercial, and special uses, expanding potential applications. The Crowley County Property ID is 10802225. This lender-approved sale offers a streamlined acquisition process for a ready-to-use facility in a strategic location. The property's modern construction and comprehensive infrastructure make it an attractive option for businesses seeking a high-quality, functional space. This is a rare opportunity to acquire a well-equipped and strategically located industrial property in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Ordway
    County
    Crowley
    State
    Colorado
    Longitude
    -103.7114
    Latitude
    38.22531

    Nearby Similar for Sale

    • $225,000
      4,800 SF

      New Build on 5.2 Acres

      New construction on 5.2 acres with advanced infrastructure.
      8745 Maverick Ln, Ordway, CO 81063
      View Details
    • $275,000
      5,800 SF

      Mixed-Use Building on Main Street

      Versatile mixed-use property in Ordway, ideal for investors/owner-occupants.
      208/210 Main St, Ordway, CO 81063
      View Details
    • $285,000
      4,800 SF

      Ordway Cultivation Facility on 4.28 Acres

      State-of-the-art cultivation facility in Ordway, Colorado, ready for immediate operations.
      7943 Maverick Ln, Ordway, CO 81063
      View Details
    • $350,000
      Pending

      Turnkey Cannabis Grow Operation

      Scalable indoor/outdoor cannabis grow operation with greenhouse and equipment.
      8488 Maverick Ln, Ordway, CO 81063
      View Details
    • $295,000
      5.20 Acres

      Ordway Commercial Property with Warehouse

      State-of-the-art warehouse and greenhouse on 5.2 acres.
      8294 Maverick Ln, Ordway, CO 81063
      View Details
    • $295,000
      5.20 Acres

      Industrial Property for Growers

      5.2-acre property with state-of-the-art facilities for agricultural operations.
      8356 Maverick Ln, Ordway, CO 81063
      View Details
    • $450,000
      17,368 SF

      Automated Greenhouse on 5.2 Acres

      5.2 acre property with greenhouse and residential home.
      19623 County Rd, Ordway, CO
      View Details
    • $999,900

      Industrial Property in Ordway, Colorado

      Industrial property available for sale in Ordway, Colorado.
      19658 Tamarack Ln, Ordway, CO 81063
      View Details
    • $610,000
      27,208 SF

      Automated Greenhouse and Industrial Buildings

      4.41 acre property with greenhouse and industrial buildings.
      7950 Maverick Ln, Ordway, CO
      View Details
    • $640,000

      Cultivation Business Opportunity with Warehouse

      2.5 acres, warehouse, and licenses for outdoor cultivation.
      8098 Maverick Ln, Ordway, CO 81063
      View Details
    • $635,000

      Outdoor Cannabis Cultivation Opportunity

      2.5-acre cannabis cultivation farm with warehouse and licenses included.
      8096 Maverick Ln, Ordway, CO 81063
      View Details
    • $640,000

      Cultivation Business Opportunity with Warehouse

      2.5-acre fenced lot with warehouse, ideal for cannabis cultivation.
      8095 Maverick Ln, Ordway, CO 81063
      View Details

    FAQs

    What type of property is this?
    Distribution property - 18,528 SF Warehouse on 2.11 Acres
    Where is this distribution property located?
    The property is located at 19970 Tamarack Ln Ordway, CO.
    What are key features of this property?
    This property features: 18,528 SF industrial warehouse on a 2.11-acre lot.; Built in 2021.; Includes a 12,000 SF Nexus greenhouse with water wall-cooled bays, a 1,728 SF pump house, and two 2,400 SF warehouse buildings.
    (303) 770-5000 Call to check price and availability
    Request Owner's contact information
    19970 Tamarack Ln Ordway, CO 81063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19970 Tamarack Ln
    Ordway, CO 81063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    19970 Tamarack Ln Ordway, CO 81063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brett Bennett
    Real Estate License ID: ER.040005471
    (303) 770-5000 (303) 549-4182
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!