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    FOR SALE
    Manufacturing properties

    320 Industrial Ave, Olathe, CO 81425

    5,000 SF 5.6 ac lot Built 1990
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US13-1918747
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a multi-building industrial complex ideally situated in Olathe, Colorado, within Montrose County's I-Industrial District. The property encompasses 12,118 square feet of warehouse space distributed across three buildings situated on a 5.603-acre lot, fully fenced for enhanced security and privacy. The complex includes four units, each offering unique features. Building #1 boasts 5,380 square feet with six overhead doors, 20-foot ceilings, 3-phase power, and suspended gas and waste oil heaters. A separate 360 square foot storage building with one overhead door and power is also included. Building #2 comprises 5,000 square feet, featuring five overhead doors, 16-foot ceilings, 3-phase power, suspended gas heaters, waste oil heater, and roof-mounted evaporative coolers. A 1,378 square foot office building completes the complex, offering a HVAC system, electric baseboard heat, a kitchen, and a bathroom with a shower. This property benefits from an advantageous Opportunity Zone designation, presenting significant tax advantages. The asking price is $1,200,000, or $300,000 per unit, with a price per square foot of $99.03. Built in 1990, this property is perfect for owner-users or investors seeking a versatile and well-equipped industrial space.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1990
    Construction STEEL FRAME
    Total area 5,000 SF
    Lot 5.6 ac (244,067 SF)
    APN 3723-104-00-024
    UPID US13-1918747
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    320 Industrial LLC · 6 yrs held
    320 Industrial LLC
    since 2020
    Last sale
    $352,500
    3 recorded transactions
    2020
    $352,500
    2011
    $85,000
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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