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Property profile & analytics
OFF-MARKET
Manufacturing properties

320 Industrial Ave Olathe, CO 81425-9529

5,000 SF 5.6 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US13-1918747
Property summary
AI-generated overview

This exceptional investment opportunity presents a multi-building industrial complex ideally situated in Olathe, Colorado, within Montrose County's I-Industrial District. The property encompasses 12,118 square feet of warehouse space distributed across three buildings situated on a 5.603-acre lot, fully fenced for enhanced security and privacy. The complex includes four units, each offering unique features. Building #1 boasts 5,380 square feet with six overhead doors, 20-foot ceilings, 3-phase power, and suspended gas and waste oil heaters. A separate 360 square foot storage building with one overhead door and power is also included. Building #2 comprises 5,000 square feet, featuring five overhead doors, 16-foot ceilings, 3-phase power, suspended gas heaters, waste oil heater, and roof-mounted evaporative coolers. A 1,378 square foot office building completes the complex, offering a HVAC system, electric baseboard heat, a kitchen, and a bathroom with a shower. This property benefits from an advantageous Opportunity Zone designation, presenting significant tax advantages. The asking price is $1,200,000, or $300,000 per unit, with a price per square foot of $99.03. Built in 1990, this property is perfect for owner-users or investors seeking a versatile and well-equipped industrial space.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Construction STEEL FRAME
Total area 5,000 SF
Lot 5.6 ac (244,067 SF)
APN 3723-104-00-024
UPID US13-1918747
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
320 Industrial LLC · 6 yrs held
320 Industrial LLC
since 2020
Last sale
$352,500
3 recorded transactions
2020
$352,500
2011
$85,000
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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