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    2520 River Rd Olathe, CO 81425

    For Sale
    $1,750,000

    76,423 SF Warehouse, 10 Acres

    Property size:
    76,423 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This expansive 76,423-square-foot industrial warehouse in Olathe, Colorado, presents a remarkable investment opportunity. Situated on approximately 10 acres (to be subdivided by the owner), this property boasts a 62-foot high ceiling at peak in the warehouse area, six drive-in overhead doors, and 3-phase power. The existing partially finished office space includes seven private offices, a kitchen, and two large conference/meeting areas, providing ample space for various business needs. The property benefits from a high-visibility location with approximately a quarter-mile of Highway 50 frontage between Montrose and Delta, ensuring convenient access. Security features include a fence and security gate, along with a large concrete/asphalt parking area. Currently zoned "I-L" Light Industrial in Montrose County, this property offers easy access to Highway 50. The asking price is $1,750,000 ($22.90/sq ft). The property is vacant and ready for occupancy on August 6, 2024. Note that a solar farm on the property is not included in the sale. This prime piece of real estate is ideal for owner-users and offers limitless possibilities. The year built is 1985.

    Property Features for 2520 River Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    76,423 SF
    Lot Size
    435,600 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Building Supply Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Montrose
    State
    Colorado
    Longitude
    -107.99700314416
    Latitude
    38.65574486237

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    FAQs

    What type of property is this?
    Distribution property - 76,423 SF Warehouse, 10 Acres
    Where is this distribution property located?
    The property is located at 2520 River Rd Olathe, CO.
    What is the asking price?
    The asking price for this property is $1,750,000.
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    2520 River Rd Olathe, CO 81425
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    Olathe, CO 81425
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    Realmo Value Estimation

    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.

    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.

    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
    2520 River Rd Olathe, CO 81425
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