8618 Maverick Ln Ordway, CO 81063
This exceptional 5.2-acre commercial lot, located at 8618 Maverick Lane in Ordway, Colorado, presents a unique investment opportunity. Priced at $99,000, this property boasts a desirable location and versatile zoning. The lot is graded and level, offering ease of development. A significant advantage is the existing fence along the northern property line, providing some level of security and definition. Utilities are readily accessible, with electrical service adjacent to the property and a water tap available through the Town of Ordway. The property's APN is 108-02304, and ownership is held by a corporation or trust. Zoning is designated as "C," permitting residential, agricultural, commercial, or special use development, providing considerable flexibility for future projects. The expansive lot size offers ample space for a variety of commercial ventures. While the property offers great views, buyers are responsible for verifying all information provided. The lease expiration date on any existing lease is February 27, 2025. This property is ready for your vision. Don't miss this chance to acquire a strategically located commercial parcel in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.