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Property profile & analytics
OFF-MARKET
Office Spaces

601 Us Hwy 85-87 & Bennett Rd Walsenburg, CO 81089

7,860 SF 39.2 ac lot Built 2016
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 2016
Total area 7,860 SF
Lot 39.2 ac (1,707,552 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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