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    Property profile & analytics
    OFF-MARKET Estimated value $1,230,000
    Warehouses

    1017 1st St, Berthoud, CO 80513-2817

    8,428 SF 1.25 ac lot Built 1964
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US13-2038188
    Property summary
    AI-generated overview

    This exceptional 7,122 square foot light industrial property is ideally situated on 1.24 acres of land in Berthoud, Colorado. The building features a well-maintained steel structure with a prominent entry showroom, perfect for showcasing products or services. Two offices provide ample space for administrative functions, complemented by two bathrooms for convenience. A large warehouse/fabrication area offers significant space for operations, enhanced by a 10' x 15' swing-open door for easy access and a standard overhead door leading to another work or storage area. The property benefits from paved customer parking directly in front, ensuring convenient client access. A substantial gravel area, partially fenced, is located on the south side of the building, providing ample space for company vehicles and trailer parking. This location boasts excellent visibility with 200 feet of frontage on old CO 287, ensuring high traffic exposure. The building square footage has been adjusted for accuracy. The property is available for immediate occupancy at closing. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1964
    Construction STEEL FRAME
    Total area 8,428 SF
    Lot 1.25 ac (54,450 SF)
    APN 94144-32-002
    UPID US13-2038188
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.52M
    Comparable Approach Comparable
    $1.12M
    Blend (final) Blend
    $1.23M
    Owner & transaction history
    Mj Ladder LLC · 9 yrs held
    Mj Ladder LLC
    since 2016
    Last sale
    $1.3M
    5 recorded transactions
    2016
    $580,000
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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