601 Us Hwy 85-87 & Bennett Rd Walsenburg, CO 81089
This exceptional commercial property in Walsenburg, CO, presents a rare opportunity to acquire a fully operational, state-of-the-art cannabis cultivation facility and dispensary. The cultivation facility, situated on 39.2 acres (35 acres of which the grow facility sits on), boasts a 3,000 sq. ft. Olympia steel building, a 1,400 sq. ft. insulated curing/processing building, five 8x40 storage containers, six 3,000 sq. ft. climate-controlled greenhouses, and a 3,300 sq. ft. Nexus light deprivation greenhouse. Infrastructure includes a commercial water well, two 10,000-gallon storage tanks, and a water purification system. The 4.5-acre facility is fully fenced and compliant with Colorado MED security requirements. A transferable State Cultivation License and County Use Permit are included. The dispensary, located conveniently off I-25 and Hwy 69, offers over 1,000 sq. ft. of usable space on over 4 acres with city water and sewer. Recent renovations include 32 ft. of lighted display cases, four display towers, new flooring, an ADA-compliant bathroom, a wheelchair ramp, safety bollards, new exterior windows and doors, a new roof, new stucco, and a new cement apron. A Colorado MED-compliant security system is installed throughout. The combined property offers immediate operational capabilities and significant profit potential. The total square footage of both buildings is 7,860 sq. ft. The asking price for this turnkey operation is $5,000,000.
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
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Property description
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