2520 River RdOlathe, CO 81425

  • Industrial properties
  • 76,423 SF
For Sale
$1,750,000 View listing

Property Details for 2520 River Rd

Year built
1985
Construction
STEEL FRAME
Lot size
42.59 AC
Property size (Sq ft)
76,423 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
3495-282-00-013
APU
349528200013

Description

This exceptional 76,423-square-foot industrial warehouse in Olathe, Colorado presents a remarkable investment opportunity. Situated on approximately 10 acres, this property offers significant expansion potential. The warehouse boasts 6 drive-in overhead doors, 62-foot high ceilings at the peak, and 3-phase power, catering to a wide range of industrial uses. A partially finished office area includes 7 private offices, a kitchen, and two large conference/meeting rooms, providing ample space for administrative functions. The property benefits from a highly visible location with approximately a quarter-mile of Highway 50 frontage between Montrose and Delta, ensuring convenient access and high traffic exposure. Security features include a perimeter fence and a security gate, along with a substantial concrete/asphalt parking area. Currently zoned I-L (Light Industrial) in Montrose County, this property offers easy access to Highway 50. Please note that a separate solar farm on the property is not included in the sale. This is a rare chance to acquire a versatile and strategically located industrial facility with substantial acreage for future development. The property is also available for lease under a separate listing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,075,746
    Hospitality
    $14,725,297
    Educational
    $12,251,274
    Medical
    $12,672,614
    Retail
    $19,057,538
2520 River Rd, Olathe, Colorado

Location Insight

City
Olathe
County
Montrose
State
Colorado
Latitude
38.6555
Longitude
-107.994
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$64,574
$87,880
$905,120
$993,000
-
$303,030
$3,121,120
$3,424,150

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