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Property profile & analytics
FOR SALE
Manufacturing properties

687 N Cora St Ridgway, CO 81432

6,016 SF 0.45 ac lot Built 2013
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US13-1382606
Property summary
AI-generated overview

This exceptional 9,870 square foot commercial building presents a rare opportunity in the desirable mountain town of Ridgway, Colorado. Situated on a half-acre I-2 zoned lot, this property offers unparalleled access and visibility at the intersection of US Highway 550 and Colorado Highway 62. Constructed eight years ago, the building is in pristine condition and ready for immediate occupancy – a true "plug and play" solution for industrial users. Its design allows for up to four separate tenants, providing flexibility for various business models. Unlike some properties in the area operating under restrictive "special use" permits, this building ensures long-term operational stability within its established zoning. The strategic location in Ridgway provides significant advantages for businesses seeking a thriving community with access to major transportation routes. The property's size and zoning make it suitable for a wide range of manufacturing or industrial applications. This is a unique chance to establish or expand your operations in a highly sought-after location within a vibrant mountain community. The building's robust construction and well-planned layout ensure a functional and efficient workspace. Don't miss this exceptional opportunity to secure a prime industrial property in Ridgway. The asking price is $2,000,000.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2013
Construction WOOD
Total area 6,016 SF
Lot 0.45 ac (19,387 SF)
APN 430516202006
UPID US13-1382606
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
  • Telluride Custom Millworks General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Baillie Properties Ridgway LLC · 6 yrs held
Baillie Properties Ridgway LLC
since 2020
Last sale
$185,000
5 recorded transactions
2020
Price N/A
2020
Price N/A
2018
Price N/A
2012
$185,000
2006
$184,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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