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Property profile & analytics
FOR SALE
Individual retail properties

4038 Dover Rd Colorado City, CO 81004

249,200 SF 30.21 ac lot Built 1975
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-0291384
Property summary
AI-generated overview

This exceptional industrial property, located at 4038 Dover Rd in Colorado City, CO 81004, presents a rare investment opportunity. Boasting 249,200 square feet on a 30.21-acre lot, this warehouse offers a compelling combination of size, functionality, and location. Originally constructed by Columbia Records and later utilized as a Kroger Logistics facility, this building is situated directly on I-25, providing unparalleled access to major transportation routes. The property features 13 loading docks, and impressive ceiling heights ranging from 25 to 38 feet. The warehouse includes approximately 10,000 square feet of two-story office space with expansive views. Further enhancing its versatility, the property includes two refrigerated rooms, each with 50,000 cubic feet of capacity, capable of reaching -20 degrees Celsius. A comprehensive wet fire suppression system is installed throughout the building. The property is zoned I-2 and is offered for sale at $12,200,000, representing a 10.00% cap rate and a price per square foot of $48.96. This is a single-tenant, absolute NNN lease property, ideal for a variety of industrial uses. The property's history, size, location, and unique features make it a truly exceptional investment opportunity in Southern Colorado.

Property profile
Verified
Property type Individual retail properties
Use group CANNABIS DISPENSARY
Year built 1975
Construction STEEL FRAME
Total area 249,200 SF
Lot 30.21 ac (1,315,948 SF)
Zoning code I-2
APN 4630240001
UPID US13-0291384
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
Current use
Occupant on record · Public records
  • parrigai Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.83M
Blend (final) Blend
$10.00M
Owner & transaction history
Colorado City Land Company LLC · 2 yrs held
Colorado City Land Company LLC
since 2024
Last sale
$10.0M
7 recorded transactions
2025
Price N/A
2024
$10.0M
2020
Price N/A
2012
$700,000
2010
Price N/A
2010
Price N/A
2009
$2.2M
Zoning & alternative use
I-2 · Pueblo, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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