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Property profile & analytics
OFF-MARKET Estimated value $3,180,000
Warehouses

2520 Riv Rd Olathe, CO 81425-9011

76,423 SF 42.59 ac lot Built 1985
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US13-1771839
Property summary
AI-generated overview

This exceptional 76,423-square-foot industrial warehouse in Olathe, Colorado presents a remarkable investment opportunity. Situated on approximately 10 acres, this property offers significant expansion potential. The warehouse boasts 6 drive-in overhead doors, 62-foot high ceilings at the peak, and 3-phase power, catering to a wide range of industrial uses. A partially finished office area includes 7 private offices, a kitchen, and two large conference/meeting rooms, providing ample space for administrative functions. The property benefits from a highly visible location with approximately a quarter-mile of Highway 50 frontage between Montrose and Delta, ensuring convenient access and high traffic exposure. Security features include a perimeter fence and a security gate, along with a substantial concrete/asphalt parking area. Currently zoned I-L (Light Industrial) in Montrose County, this property offers easy access to Highway 50. Please note that a separate solar farm on the property is not included in the sale. This is a rare chance to acquire a versatile and strategically located industrial facility with substantial acreage for future development. The property is also available for lease under a separate listing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction STEEL FRAME
Total area 76,423 SF
Lot 42.59 ac (1,855,220 SF)
APN 3495-282-00-013
UPID US13-1771839
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
$2.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.40M
Blend (final) Blend
$3.18M
Owner & transaction history
Co Mine 1 Landco LLC · 5 yrs held
Co Mine 1 Landco LLC
since 2021
Last sale
$2.4M
5 recorded transactions
2021
Price N/A
2021
$2.4M
2018
$1.9M
2013
Price N/A
2013
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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