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1227 Mayfly Dr 32,923 SF Industrial Building Montrose, CO 81401 $7,500,000 ($227.80/SF)

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INVESTMENT HIGHLIGHTS

Warehouse/Manufacturing Bldg. - Excellent condition, 26' clear ht., 4 overhead doors
Great location adjacent to the Uncompahgre River Trail, Colorado Outdoors industrial business park

Office space, break room, reception area, concrete parking and yard area
Hwy. 50 access, 1.6 miles to Montrose Regional Airport

EXECUTIVE SUMMARY

Industrial building, constructed in 2021 and located in the Colorado Outdoors subdivision in Montrose. 27,230 SF warehouse, 26' clear ht., 4 overhead doors, sprinkled, radiant heat and evaporated coolers. Warehouse space can be divided to create separate 10,000 SF space with separate entry and overhead door. Two levels of office space, include a conference room, large break area, open cube space, and perimeter offices with San Juan Mt. views. Also available for lease at $12/SF NNN.
Located just off Hwy. 50, near Montrose Regional Airport on the north end of town. The building is adjacent to the Uncompahgre River Trail, prime lot in the Colorado Outdoors subdivision. Other occupants include Mayfly Outdoors, Shelter Distilling, Hampton Inn, Fairfield Inn, medical center and various light industrial tenants and restaurants. Located on this map - Lot G https://coloradooutdoors.co/lots-for-sale-master-plan/

1227_Mayfly_Drive_Brochure

1227 Mayfly Dr., Montrose - Floor plans

TAXES & OPERATING EXPENSES (ACTUAL - 2025)	ANNUAL	ANNUAL PER SF
Taxes	$88,234	$2.68
Operating Expenses	-	-
Total Expenses	$88,234	$2.68

TAXES & OPERATING EXPENSES (ACTUAL - 2025)

Taxes
Annual	$88,234
Annual Per SF	$2.68

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$88,234
Annual Per SF	$2.68

PROPERTY FACTS

Price	$7,500,000	No. Stories	2
Price Per SF	$227.80	Year Built	2021
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.21/1,000 SF
Property Subtype	Manufacturing Flex Light Manufacturing Showroom Industrial Warehouse	Clear Ceiling Height	26’
Building Class	A	No. Drive In / Grade-Level Doors	4
Lot Size	2.20 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	32,923 SF
Zoning	Industrial - Planned Dev - Industrial - City of Montrose, PD also allows B-3 uses in Colorado Outdoors development

Price	$7,500,000
Price Per SF	$227.80
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Showroom Industrial Warehouse
Building Class	A
Lot Size	2.20 AC
Rentable Building Area	32,923 SF
No. Stories	2
Year Built	2021
Tenancy	Single
Parking Ratio	1.21/1,000 SF
Clear Ceiling Height	26’
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial - Planned Dev - Industrial - City of Montrose, PD also allows B-3 uses in Colorado Outdoors development

Cooler
Fenced Lot

Security System

Reception

Air Conditioning

Lighting
Gas - Natural
Water - City
Sewer - City
Heating - Gas

1 1

PROPERTY TAXES

Parcel Numbers	Multiple R0024284 R0025933	Total Assessment	$3,657,590 (2024)
Land Assessment	$926,540 (2024)	Annual Taxes	$88,234 ($2.68/SF)
Improvements Assessment	$2,731,050 (2024)	Tax Year	2025