1041 River RdPalisade, CO 81526

Property Details for 1041 River Rd

Year built

1980

Construction

STEEL FRAME

Lot size

3.95 AC

Property size (Sq ft)

9,198 SF

Zone code

CB

Property type

Warehouses

APN

2937-101-04-002

APU

293710104002

Description

This exceptional 3.95-acre commercial property in Palisade, Colorado, presents a unique investment opportunity. The complex boasts an impressive 109,198 square feet of space, including 100,000 square feet of greenhouse area ideal for large-scale cultivation. Heating is ensured by a primary boiler with a backup system, while cooling is efficiently managed by evaporative coolers. A recent $240,000 electrical upgrade provides reliable 3-phase power, enhancing operational efficiency. Beyond the greenhouses, the property includes a substantial 9,198 square foot warehouse, providing ample storage and processing space. Strategic fencing and a guard house enhance security, while dedicated office space offers administrative convenience. Located in the business-friendly environment of Palisade, this turnkey operation is ready for a new owner to capitalize on its potential. The property's infrastructure is robust and well-maintained, offering immediate operational capabilities. The only missing element is a grower, making this an exceptional opportunity for an experienced cultivator or entrepreneur seeking to establish a significant presence in the thriving Colorado market. The asking price is $1,500,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,934,820

  Hospitality

  $1,772,284

  Educational

  $1,474,520

  Medical

  $1,525,231

  Retail

  $2,293,697

Location Insight

City

Palisade

County

Mesa

State

Colorado

Latitude

39.1145

Longitude

-108.328

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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