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19911 Highway 550 4,169 SF 100% Leased Industrial Building Montrose, CO 81403 $1,500,000 ($359.80/SF) 6.80% Cap Rate
Executive Summary
Prime commercial opportunity in Montrose County
The property features a well-equipped ~2,760 sq ft shop, complemented by a ~1,409 sq ft two-story office space that includes five private offices and a welcoming lobby/retail area. Additional improvements include a ~2,311 sq ft partially enclosed canopy—perfect for covered work or storage—and a separate ~1,030 sq ft shop and 2 shipping containers for additional secure storage. Most of the lot has gravel. The site is fully supported with two cranes (½-ton and 2-ton), adding immediate functional value for industrial or service-oriented users. Situated on a generous 4-acre lot, the property provides ample space for equipment, parking, expansion, or outdoor operations. Ownership offers flexibility with the option for a leaseback with a 6.8% CAP rate or full vacancy after closing.
The property features a well-equipped ~2,760 sq ft shop, complemented by a ~1,409 sq ft two-story office space that includes five private offices and a welcoming lobby/retail area. Additional improvements include a ~2,311 sq ft partially enclosed canopy—perfect for covered work or storage—and a separate ~1,030 sq ft shop and 2 shipping containers for additional secure storage. Most of the lot has gravel. The site is fully supported with two cranes (½-ton and 2-ton), adding immediate functional value for industrial or service-oriented users. Situated on a generous 4-acre lot, the property provides ample space for equipment, parking, expansion, or outdoor operations. Ownership offers flexibility with the option for a leaseback with a 6.8% CAP rate or full vacancy after closing.
Property Facts
| Price | $1,500,000 | Building Class | B |
| Price Per SF | $359.80 | Lot Size | 4.00 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 4,169 SF |
| Cap Rate | 6.80% | No. Stories | 2 |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | ||
| Zoning | General Commercial | ||
| Price | $1,500,000 |
| Price Per SF | $359.80 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.80% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.00 AC |
| Rentable Building Area | 4,169 SF |
| No. Stories | 2 |
| Year Built | 2002 |
| Zoning | General Commercial |
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Rocky Mountain Aggregate
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Rocky Mountain Aggregate | Professional, Scientific, and Technical Services | - | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R0015118 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $225,080 |
Property Taxes
Parcel Number
R0015118
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$225,080
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19911 Highway 550
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