854 Baseline Pl Brighton, CO 80603
- Warehouses
- 16,200 SF
- 1.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 854 Baseline Pl
- Year built
- 1999
- Lot size
- 1.00 lot acres
- Property size
- 16,200 SF
- Property type
- Warehouses
- APN
- R6296286
- APU
- R6296286
Description
This exceptional 16,200-square-foot industrial property, situated on one acre in the Brighton Industrial Park at 854 Baseline Place, Brighton, CO, presents a compelling investment opportunity. The warehouse is intelligently divided into four individual units, each boasting dedicated office space, a substantial warehouse area, and the convenience of two garage bays. This configuration offers remarkable versatility, catering to owner-operators seeking to occupy one or more units while generating rental income from the others. Alternatively, it's an attractive prospect for investors targeting a strong cap rate. Currently, two units are leased, generating immediate cash flow, while two units remain vacant, providing immediate occupancy options or the flexibility to lease them at market rates. The I-1 zoning allows for a wide range of potential uses, maximizing the property's adaptability and future potential. Its prime location offers unparalleled accessibility, situated just minutes from Highway 85, ensuring seamless connectivity to major transportation routes and the vibrant downtown Brighton area. This property combines immediate income potential with long-term growth prospects, making it an exceptional addition to any investment portfolio or a perfect solution for a business seeking ample space and strategic location. All information should be independently verified.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,235,000
- 6.5%
- $1,415,000
- 7%
- $1,375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,125,000
- Geo Method
- $1,330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,545,000
- Retail
- $1,320,000
- Mixed-Use
- $1,655,000
- Hospitality
- $1,480,000
- Educational
- $1,255,000
- Residential Income
- $1,660,000
- Energy
- $1,400,000
- Income-Based Land
- $1,390,000
- Food Service
- $1,295,000
Location Insight
- Map
- Local Demand
- City
- Brighton
- County
- Weld
- State
- Colorado
- Longitude
- -104.813
- Latitude
- 40.0031
- CBSA code
- 24540
- CBSA name
- GREELEY, CO METROPOLITAN STATISTICAL AREA