1401 Edison St Brush, CO 80723-2311
- Warehouses
- 5,548 SF
- 0.34 lot acres
Current Use by Public Records
- Balderston Builders LLC Shop / Contractor
Property Details for 1401 Edison St
- Year built
- 1997
- Construction
- WOOD FRAME
- Lot size
- 0.34 lot acres
- Property size
- 5,548 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- R001506
- APU
- R001506
Description
This 5,548-square-foot warehouse, located at 1401 Edison Street in Brush, Colorado, presents a compelling investment opportunity. Built in 1997 and situated on a 15,000-square-foot lot, this mixed-use industrial property boasts a desirable location directly on Highway 34. The building features attractive stucco and stone exterior finishes and concrete flooring throughout. The main shop area, measuring approximately 50' x 80', offers 16-foot insulated walls and two suspended heaters for optimal climate control. Access to the main shop is provided by two 12-foot overhead doors with automatic openers. Additional storage is available in a 36' x 12' loft. Two separate, fully finished bays (35' x 20' each) to the east include 8-foot overhead doors, ample shelving, numerous outlets, and individual heating systems. The property is zoned C and benefits from a new roof installed in 2023. The asking price is $425,000, translating to $76.60 per square foot. This property is ideal for a business seeking expansion or a new venture requiring substantial space and convenient highway access.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $205,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $220,000
- Mixed-Use
- $170,000
- Hospitality
- $230,000
- Educational
- $190,000
- Residential Income
- $200,000
- Energy
- $185,000
- Income-Based Land
- $200,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Brush
- County
- Morgan
- State
- Colorado
- Longitude
- -103.637
- Latitude
- 40.2553
- CBSA code
- 22820
- CBSA name
- FORT MORGAN, CO MICROPOLITAN STATISTICAL AREA