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11170 W US Highway 50 49,280 SF Specialty Building Offered at $6,500,000 at a 4.62% Cap Rate in Salida, CO 81201



EXECUTIVE SUMMARY
Investment & Expansion Opportunity – Storage Unit Facility Positioned with outstanding visibility along US Highway 50, this income-producing storage facility in Poncha Springs is a turnkey commercial investment with real potential to scale. With 308 units across 45,000 square feet of rentable storage space, plus vehicle, RV, and trailer parking, the property is already performing with a 4.9% cap rate. Sitting on 11.02 acres zoned SD-1 Business Park, the site offers ample opportunity for future expansion, live/work development, or additional commercial ventures. The facility is supported by a robust online reservation and payment platform, giving tenants 24/7 access to account management and unit availability. On-site, the security features include gated keypad entry, perimeter fencing, security cameras, and excellent lighting throughout the property. A 1,120 square foot office sits near the entrance and could easily be converted into a live/work unit or flex commercial space. The property also includes a five-year cell phone tower lease, generating additional passive income and increasing the asset's long-term value. Located just west of the newly improved signalized intersection of US Highway 50 and US 285, the property benefits from high traffic exposure and convenient ingress/egress. Highway improvements and increased traffic counts only enhance the long-term value and development potential. Highlights 308-unit self-storage facility - 45,000 SF Additional income from RV, trailer, and vehicle parking 11.02-acre parcel with 6+ac left for new buildings or expanded services 1,120 square foot office with live/work or commercial conversion potential Zoned SD-1 Business Park – flexible use and development-friendly Excellent US Highway 50 frontage with growing traffic exposure Online reservation system, 24/7 account access, and auto-pay features Performing at a 4.9% cap rate Great candidate for additional storage buildings, flex spaces, or RV park buildout
PROPERTY FACTS
| Price | $6,500,000 | Building Class | C |
| Price Per SF | $140.94 | Lot Size | 11.02 AC |
| Sale Type | Investment or Owner User | Building Size | 46,120 SF |
| Cap Rate | 4.62% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1951/1995 |
| Property Subtype | Self-Storage | ||
| Zoning | SD-1 Business Park | ||
| Price | $6,500,000 |
| Price Per SF | $140.94 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.62% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 11.02 AC |
| Building Size | 46,120 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1951/1995 |
| Zoning | SD-1 Business Park |
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PROPERTY TAXES
| Parcel Number | R380509100073 | Improvements Assessment | $385,870 |
| Land Assessment | $163,240 | Total Assessment | $549,110 |
PROPERTY TAXES
Parcel Number
R380509100073
Land Assessment
$163,240
Improvements Assessment
$385,870
Total Assessment
$549,110
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11170 W US Highway 50
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