1041 N River Rd Palisade, CO 81526
This exceptional 3.95-acre commercial property in Palisade, Colorado, presents a unique investment opportunity. The complex boasts an impressive 109,198 square feet of space, including 100,000 square feet of greenhouse area ideal for large-scale cultivation. Heating is ensured by a primary boiler with a backup system, while cooling is efficiently managed by evaporative coolers. A recent $240,000 electrical upgrade provides reliable 3-phase power, enhancing operational efficiency. Beyond the greenhouses, the property includes a substantial 9,198 square foot warehouse, providing ample storage and processing space. Strategic fencing and a guard house enhance security, while dedicated office space offers administrative convenience. Located in the business-friendly environment of Palisade, this turnkey operation is ready for a new owner to capitalize on its potential. The property's infrastructure is robust and well-maintained, offering immediate operational capabilities. The only missing element is a grower, making this an exceptional opportunity for an experienced cultivator or entrepreneur seeking to establish a significant presence in the thriving Colorado market. The asking price is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CB · Palisade, COPalisade. Always verify with local authorities before improvements.
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.