8356 Maverick Ln Ordway, CO 81063
Exceptional investment opportunity: a 12,690-square-foot industrial warehouse in Ordway, Colorado, presents a strong cash flow with an 11.08% cap rate. This single-tenant, net-lease property boasts a five-year lease commencing May 30, 2024, and expiring May 30, 2025, generating a net operating income (NOI) of $72,000. The asking price is $650,000, translating to $51.22 per square foot. Built in 2018, this 1-building property sits on a 5.2-acre lot zoned for commercial marijuana cultivation (AR - Commercial Marijuana), offering significant potential for expansion. The property includes 10 parking spaces and is equipped with a comprehensive array of cultivation equipment, including an Agrowtek system, lighting, heating, ventilation, irrigation, CO2 burners, water storage tanks, and a water purification system. Additional features include grow tents, RV hookups, storage racks, gardening tools, climate control systems (mini-splits), security system (ADT with 32 cameras), and more. Currently vacant, this turnkey operation presents a rare opportunity for investors seeking a high-return, low-maintenance investment in the thriving Colorado cannabis industry. The property's address is 8356 Maverick Lane, Ordway, CO 81063. APN: R002536.
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
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.