237 1st St Ault, CO 80610
This exceptional owner-user investment opportunity presents two 1-story industrial buildings totaling 9,789 square feet on a 23,100 square foot lot in Ault, Colorado. Located at 237 E. 1st Street, this property boasts a prime location with excellent visibility near the intersection of Highways 85 and 14, offering convenient access to major transportation routes. The buildings are zoned Commercial by the Town of Ault and feature a 14-foot ceiling height. While currently lacking sewer connection, the line is adjacent to the property. The property is equipped with a ½-inch water tap and 100-amp, 3-phase (240-volt) electricity. Plumbing is in place for a propane connection, ideal for an overhead infrared heater or similar applications. The buildings are functional and can be used in their current state or upgraded to suit a new owner's needs. Additional features include a small fenced exterior storage area and ample parking on a dirt lot. The asking price is $785,000, translating to $80 per square foot. This versatile property is suitable for distribution, manufacturing, or warehouse operations. The property is privately owned and offers a unique opportunity for businesses seeking a functional and well-located industrial space in Northern Colorado.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.