685 Hwy 92 Delta, CO 81416-3411
This exceptional 24,296 square foot industrial property, situated on a 5.8-acre lot at 685 Highway 92 in Delta, Colorado, presents a compelling investment opportunity. Currently leased to a machine shop, providing a consistent income stream, this asset boasts a robust construction featuring a steel and masonry frame, painted block and metal exterior siding, and a durable metal roof. The interior is well-equipped with efficient radiant electric and natural gas heating systems, ensuring comfortable year-round operation. Bright fluorescent lighting illuminates the spacious workspace, optimizing productivity. The property's functionality is further enhanced by multiple auto garage doors, ranging from 12 to 20 feet in height, facilitating easy access for large equipment and machinery. This low-maintenance building represents a secure and profitable investment for discerning buyers seeking a reliable commercial property with a proven track record. The asking price for this exceptional opportunity is $2,000,000. The property's location in Delta, Colorado offers access to key transportation routes and a growing local economy. This is a rare chance to acquire a high-quality industrial property with a strong tenant and excellent potential for long-term growth.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.