687 Cora StRidgway, CO 81432

  • Industrial properties
  • 6,016 SF
For Sale
$2,000,000 View listing

Property Details for 687 Cora St

Year built
2013
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
6,016 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
430516202006
APU
430516202006

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,265,479
    Hospitality
    $1,159,172
    Educational
    $964,417
    Medical
    $997,585
    Retail
    $1,500,205
687 Cora St, Ridgway, Colorado

Location Insight

City
Ridgway
County
Ouray
State
Colorado
Latitude
38.1582
Longitude
-107.758
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
$14,183
$66,340
$157,580
$223,920
-
$237,770
$564,800
$802,570

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