19721 Tamarack Ln Ordway, CO 81063
This 6,256-square-foot industrial warehouse, built and renovated in 2020, sits on a 2.37-acre lot in Ordway, Colorado (zip code 81063). The property features a metal building with spray foam insulation and is zoned for residential, agricultural, commercial, and special use, offering versatile options for the buyer. Potential uses include indoor cultivation (organic fruits, vegetables, cut flowers, mycology, bedding plants, food and wellness crops), or even organic egg production. The building includes 3-phase power and city water connections. While mostly completed, the property currently lacks a Certificate of Occupancy and requires buyer completion. Note that evidence of black mold is present, and some work is needed to obtain the Certificate of Occupancy. The sale is "as is, where is," with the seller providing no representations or warranties. The land value per square foot is $103,237. The total price per square foot for the building is $70.33. The property is comprised of one unit.
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.