$1,248,000
$1,525,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
9,770 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $1,248,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,770 sqft
Subdivision Trinidad Industrial Park
MLS Listing ID 989777
Sold Date 04/02/24
HOA Y/N false
Abv Grd Liv Area 9,770
Originating Board IRES MLS
Year Built 1997
Annual Tax Amount $5,400
Lot Size 4.190 Acres
Acres 4.19
Property Description
This storage facility opened in June 2023 and is now 69% occupied not counting the RV Storage area. Although this is no longer a pre-revenue opportunity, it is priced to allow for significant value increase once it is full and priced at market in the next year. This is a gated, secure access and inside temperature controlled business. 42 new units were added on June 25, 2023. This is ideal for a user of the 4300 square foor main building with the office, 2 restrooms along with the second heated, insulated steel building where there are 47 units and the outside fenced, gated and secured area with 62 more units and 23 RV spaces. We are preparing to add another 19 heated inside storage spaces in the 4300 square foot building at this time. There is also room outside the fencing for more expansion. The main building just had a new silicone roof application and new closed cell foam on the ceiling for efficient heating in the main building. There is room for at least another 150 outside units of varying sizes under the current layout.
Location
State CO
County Las Animas
Area Out Of Area
Zoning Industrial
Direction From I-25 exit to the east at exit 18, El Moro Road. Turn south on Freedom road just before the RR tracks and head south to Democracy drive. Turn right and property is on your right.
Rooms
Basement None
Interior
Interior Features High Speed Internet, Ceiling: 16-20 Feet, Ceiling: Over 20 Feet
Heating Forced Air, Space Heater, Suspended Heaters
Cooling Refrigeration/HVAC
Flooring Concrete, Floor: Sealed
Exterior
Exterior Feature Lighting
Fence Chain Link, Security, Metal Post Fence
Utilities Available Natural Gas Available, Electricity Available, Cable Available, Gas Tap Paid
Waterfront false
Roof Type Metal Deck
Street Surface Paved,Asphalt
Handicap Access No Stairs
Building
Lot Description Curbs, Gutters, Fire Hydrant within 500 Feet, Cul-De-Sac, Corner Lot, Level, Within City Limits
Building Description Block,Metal/Frame, "Clean" Room,Loading: Dock High
Foundation Slab
Sewer City Sewer
Water City Water, City of Trinidad
Structure Type Block,Metal/Frame
New Construction false
Others
Senior Community false
Tax ID 12709900
SqFt Source Assessor
Special Listing Condition Licensed Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States