2380 59th Ln, Boone, CO 81025-9717
- Individual retail properties
- 9,230 SF
- 16.93 lot acres
Current Use by Public Records
- Nothing / Agricultural Service
Property Details for 2380 59th Ln
- Year built
- 2018
- Construction
- WOOD FRAME
- Lot size
- 16.93 lot acres
- Zone code
- A-1
- Property type
- Individual retail properties
- APN
- 1121001008
- APU
- 1121001008
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 24, 2017 | — | Paul Stanley | Bond,patricia L & Charles M | Warranty Deed · related | — |
| Aug 18, 2014 | $110,000 | Paul Stanley | Patricia L Bond | Warranty Deed | $84k · Sunflower Bank NA |
| Oct 4, 2010 | — | Patricia L Bond | Updegraff,patricia & Jolene R | Quit Claim Deed · related | $15k · Minnequa Works Cu |
| Sep 8, 2005 | — | Patricia Updegraff | Updegraff,patricia | Quit Claim Deed · related | — |
Description
This exceptional commercial property in Boone, Colorado, presents a turnkey opportunity in the cannabis cultivation industry. The 21.93-acre site includes a state-of-the-art, fully operational cultivation facility with a 3,600-plant capacity. Five acres are currently licensed for operation. The property features a newly constructed 13,440 sq. ft. indoor cultivation building with 14 individual flower rooms, each equipped with Duraclad siding, floor drains, dedicated irrigation and fertigation systems, 24-1,000 Watt HPS adjustable flowering lights, climate control, rolling metal benches, extensive ventilation, CO2 monitoring, and 10 tons of dedicated cooling. A substantial 9,230 sq. ft. Conley's 6500 double arch fully automated greenhouse with concrete floors and 160-1,000 Watt HPS flowering lights and full blackout capabilities is also included. A 4,000 sq. ft. fully automated nursery, complete with a mother room and extensive nursery areas, provides plants for both the indoor facility and greenhouse. The farm currently produces approximately 7,200 lbs. of flower and 4,900 lbs. of trim annually. A recently renovated 1,596 sq. ft. modular residence with 3 bedrooms and 2 bathrooms is situated on the property. The property boasts extensive 3-phase power, including a 750 KVA and a 500 KVA transformer. A 28,000-gallon underground water storage tank and a 16,000-gallon-per-day reverse osmosis filtration system feeding 6,000-gallon temperature-controlled indoor storage water tanks are also included. This property offers a unique combination of high-yield production capabilities and substantial infrastructure. The total building square footage is 28,266 square feet. The asking price is $1,800,000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,580,000
- AI Estimate
- $1,354,000
Market price range: $456k - $1.59MMarket price range: $372k - $1.35M -
Alternative Use
- Use
- Estimation
- CANNABIS DISPENSARY
- $895,000 Current use
- WAREHOUSE, STORAGE
- $1,195,000 Change: +33% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,165,000 Change: +30% Conversion: Difficult
- OFFICE BUILDING
- $1,005,000 Change: +12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boone
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.237
- Latitude
- 38.1994
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA
