Current Use by Public Records
- Industrial properties
Property Details for 320 Industrial Blvd
- Year built
- 1990
- Lot size
- 5.60 lot acres
- Property type
- Industrial properties
Description
This exceptional investment opportunity encompasses a substantial 12,118+/- square foot industrial property situated on a generous 5.603+/- acre lot in Olathe, Colorado. The property boasts a strategic multi-building configuration, ideal for diverse operational needs or expansion. Building #1 offers 5,380+/- square feet of warehouse space, equipped with six overhead doors for convenient loading and unloading. Building #2 provides an additional 5,000+/- square feet, featuring five exterior overhead doors. Both warehouse buildings benefit from 3-phase power and a suspended heating system, ensuring efficient and comfortable operation. Currently, the warehouse spaces are leased until May 31, 2023, providing immediate income potential for investors. Furthermore, a 1,378+/- square foot office building is included, complete with its own HVAC system and currently leased by the owner. The owner is flexible and willing to either vacate the premises or sign a new two-year lease upon the property's sale. This property presents a compelling investment opportunity, further enhanced by its advantageous location and the significant tax benefits associated with its Opportunity Zone designation. The property is fully enclosed by a gated and privacy fence, offering enhanced security and peace of mind. This is a rare chance to acquire a substantial, income-generating industrial property with significant upside potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Montrose
- State
- Colorado
- Longitude
- -107.976
- Latitude
- 38.6118
