Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    7900 Maverick Ln Evans, CO 80620

    • Warehouses
    • 27,208 SF
    • 4.41 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7900 Maverick Ln

    Year built
    2021
    Lot size
    4.41 lot acres
    Property size
    27,208 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 27,208-square-foot industrial property in Ordway, Colorado, presents a unique investment opportunity. Situated on a 4.41-acre lot (APN 108-02293), this owner-user property boasts three buildings, ideal for diverse applications. The complex includes a 12,000-square-foot fully automated Nexus greenhouse equipped with blackout cloth, a 7,020-square-foot metal building featuring a 1,748-square-foot mezzanine (partially finished), and a 6,440-square-foot industrial metal building suitable for various uses, including storage or cultivation. The property's versatility allows for a range of operations, such as organic fruit and vegetable production, cut flower cultivation, mycology production, bedding plant production, food and wellness crop production, or general storage. Zoned for residential, agricultural, commercial, and special use, this property offers significant flexibility. Additional features include three-phase power and city water connections. This turnkey operation is ready for immediate occupancy. The property is located at 7900 and 7950 Maverick Ln, Ordway, CO 80620, and is priced at $33.04 per square foot. Built in 2021, this property is currently vacant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Evans
    County
    Weld
    State
    Colorado
    Longitude
    -103.717
    Latitude
    38.228

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      17605 County Rd 95

      WAREHOUSE, STORAGE • 5,000 SF
      17605 County Rd 95, Evans, CO 80620
      View Details
    • Value Estimation by Request
      121 SF

      2426 Bluebells Dr

      WAREHOUSE, STORAGE • 121 SF
      2426 Bluebells Dr, Evans, CO 80620
      View Details
    • Value Estimation
      $1,960,000
      11,654 SF

      1958 40th St

      WAREHOUSE, STORAGE • 11,654 SF
      1958 40th St, Evans, CO 80620-3117
      View Details
    • Value Estimation
      $1,690,000
      4,400 SF

      1510 44th St, Unit 1

      WAREHOUSE, STORAGE • 4,400 SF
      1510 44th St, Evans, CO 80620-3220
      View Details
    • Value Estimation by Request
      4,000 SF

      1000 35th St

      WAREHOUSE, STORAGE • 4,000 SF
      1000 35th St, Evans, CO 80620-2126
      View Details
    • Value Estimation by Request
      3,264 SF

      819 39th St

      WAREHOUSE, STORAGE • 3,264 SF
      819 39th St, Evans, CO 80620-2708
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      27,208 SF

      Ordway Industrial Warehouse Trio

      Versatile 27,208 SF warehouse complex.
      7900 Maverick Ln, Evans, CO 80620
      View Details
    • $200,000
      5,943 SF

      Evans Industrial Property For Sale

      Spacious industrial property with a 5,943 SF metal building.
      106 37Th St, Evans, CO 80620
      View Details
    • Contact for pricing

      Fenced Lot for Lease

      1.52 acre fenced lot available for lease.
      Industrial Pkwy, Evans, CO 80620
      View Details
    • $1,500,000
      7,500 SF

      New Industrial Buildings in Evans

      New industrial buildings for sale or lease in Evans, CO.
      4431 Brantner Rd, Evans, CO 80620
      View Details
    • $1,500,000

      New Industrial Buildings in Evans

      New industrial buildings for sale or lease in Evans, CO.
      Brantner Rd, Evans, CO 80620
      View Details
    • $2,288,900
      25.00 Acres

      Evans, CO Industrial Land for Sale

      25-Acre Industrial Lot, Prime Location
      4201 Stonegate Dr, Evans, CO 80620
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      350,000 SF

      Greeley Warehouse Distribution Center

      350,000 SF warehouse/distribution center in High Point Business Park.
      2100 115Th Ave, Greeley, CO 80620
      View Details
    • $12 SF/Yr
      12,616 SF

      Evans, CO Distribution Space For Lease

      Flexible Industrial Space in Growing Evans
      3313 35Th Ave, Evans, CO 80620
      View Details
    • $14 SF/Yr
      30,174 SF

      Evans Industrial Flex Space for Lease

      Modern flex space, ample parking, high ceilings.
      3805 Carson Ave, Evans, CO 80620
      View Details
    • Contact for pricing

      Evans Land Lease Opportunity

      Up to 13.4 acres available for lease in Evans, Colorado.
      239 35Th St, Evans, CO 80620
      View Details
    • $12 SF/Yr
      4,673 SF

      Evans Specialty Property for Rent

      Specialty property available for rent in Evans, Colorado.
      3313 35Th Ave, Evans, CO 80620
      View Details
    • $13 SF/Yr
      2,400 SF

      Restaurant/Bar Space Available for Lease

      Turn-key restaurant/bar opportunity in a highly visible Evans, CO location.
      3603-3633 23Rd Ave, Evans, CO 80620
      View Details
    Request Owner's contact information
    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.
    7900 Maverick Ln
    Evans, CO 80620
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.