36900 No Site Address Trinidad, CO 81082
- Commercial real estate
- 36,840 SF
- 144.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 36900 No Site Address
- Year built
- 2020
- Lot size
- 144.20 lot acres
- Property size
- 36,840 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully operational cannabis cultivation facility spanning 144.2 acres in Trinidad, Colorado. The property boasts 36,840 square feet of building space, strategically divided into multiple structures to optimize operations. Four indoor greenhouses, equipped with climate control and advanced irrigation systems, ensure year-round cultivation. Three large buildings provide ample space for processing, storage, and future expansion, complemented by three medium-sized garage buildings ideal for equipment and vehicle storage. Additional storage is provided by two mobile homes and eight shipping containers/rail cars. Four sheds offer flexible space for various operational needs. The expansive outdoor grow area allows for significant future expansion. The property currently operates under a lease with a publicly traded cannabis company, with a personal guarantee and 3.5 years remaining, which will transfer to the new owner. This turnkey operation offers a 14% cap rate, making it a highly attractive investment in the thriving Colorado cannabis market. The property's size, infrastructure, and established tenant base position it for continued success and significant return on investment. This is a rare chance to acquire a premier, high-performing cannabis cultivation facility in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trinidad
- County
- Las Animas
- State
- Colorado
- Longitude
- -104.538
- Latitude
- 37.1632
