697 Industrial Blvd, Delta, CO 81416
- Warehouses
- 2,000 SF
- 0.79 lot acres
Current Use by Public Records
- StoreSafely - Delta, CO / Storage Facility
Property Details for 697 Industrial Blvd
- Year built
- 2002
- Lot size
- 0.79 lot acres
- Property type
- Warehouses
- APN
- 345517113001
- APU
- 345517113001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 24, 2022 | $335,000 | Delta Co Storage LLC | Sunset Storage LLC | Special Warranty Deed | — |
| Mar 31, 2017 | $152,500 | Sunset Storage LLC | Gary W Sturgill | Warranty Deed | $128k · Gary W Sturgill Etal |
Description
This exceptional investment opportunity presents a well-maintained industrial property located at 697 Industrial Boulevard, Delta, Colorado. The property encompasses a substantial 4,000 square feet on a 0.79-acre lot, currently housing 40 fully occupied storage units. This translates to a strong, immediate cash flow, with significant potential for increased profitability. The current occupancy rate of 100% provides a stable income stream, and the existing rental rates offer considerable room for upward adjustment, potentially doubling current revenue. This potential for rent increases directly impacts the property's net operating income (NOI) and capitalization rate (Cap Rate), making it an attractive investment for those seeking strong returns. The low-maintenance nature of the storage units further enhances the property's appeal, minimizing operational expenses and maximizing returns. The property's location in Delta, Colorado, offers convenient access to local transportation networks and a growing market for storage solutions. This turnkey operation requires minimal management, making it ideal for passive income seekers or experienced investors looking to expand their portfolio with a high-yield asset. The property is priced at $325,000, representing a compelling value proposition given its current performance and future growth potential. This is a rare opportunity to acquire a stable, high-performing income-generating property with significant upside.
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Location Insight
- Map
- Local Demand
- City
- Delta
- County
- Delta
- State
- Colorado
- Longitude
- -108.035
- Latitude
- 38.755
