7522 County Road 151 - Industrial FOR SALE


Salida, CO 81201
$869,000 USD
720-315-2530
7522 County Road 151, Salida, CO for Sale
$869,000 USD
Industrial - FOR SALE
1/49
null | Request Cap Rate

7522 County Road 151
Salida, CO 81201


OVERVIEW

Two houses, potential commercial use (see zoning). Most recent rent was $3,500/mo for the main home/garage plus $1,400/mo for the secondary home. Market NOI of $53,975/year assuming $3,500/mo and $1,500/mo for residential tenants, actual taxes, insurance of $2,500/year and ditch fees of $600/year. +/- 6.0% cap rate with no consideration of the massive land upside or potential additional land rent/additional income. Easy to rent, great location. Mixed-Use Rural zoning that allows for a variety of residential, agricultural and tourism based amenities, including recreation companies, campgrounds and hospitality activities. The Mixed-Use Rural zoning district implements the Rural Mixed Use future land use designation and the Rural Commercial future land use designation. The sale could include 36 Water Shares from the Williams and Hamm Ditch Company, which would be transferred separately.

FOR SALE DETAILS

PRICE

$869,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Auto Repair, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4

LAND SF

174,240

ZONING

MUR

APN/PARCEL ID

R368130300026

ASK ABOUT THIS PROPERTY

Cody GaleColorado Appraisal ConsultantsMore Info
720-315-2530

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Cody GaleColorado Appraisal ConsultantsMore Info
720-315-2530

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.