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WCR 29.5 - Varra's North 40 Minor Subdivision 43.35 Acres of Industrial Land Offered at $6,000,000 in Nunn, CO 80648
INVESTMENT HIGHLIGHTS
- Cap Rate 11.5%
- Fully fenced
- Industrial zoning
- Heart of oil and gas activity
EXECUTIVE SUMMARY
This investment property is in the heart of DJ Basin with strong oil and gas activity. This investment consists of ±43 acres, fully leased to multiple companies. All 9 lots have been fully graveled, fenced and have automatic gate operators. Depending on the lot, there are also multiple canvas buildings that are used by tenants. These canvas buildings are an inexpensive way to get tenant space in and out of the weather and avoid the high construction costs that currently exist. As part of the purchase, the Seller has agreed to include 3 years of management and maintenance of the property. This property is currently fully leased and returns an 11.5% cap rate.
Weld County Road 100 and 29.5, just west of Highway 85 in Nunn CO.
Weld County Road 100 and 29.5, just west of Highway 85 in Nunn CO.
PROPERTY FACTS
| Price | $6,000,000 | Property Subtype | Industrial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 43.35 AC |
| Property Type | Land | ||
| Zoning | Industrial | ||
| Price | $6,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 43.35 AC |
| Zoning | Industrial |
1 LOT AVAILABLE
Lot
| Price | $6,000,000 | Lot Size | 43.35 AC |
| Price Per AC | $138,408.30 |
| Price | $6,000,000 |
| Price Per AC | $138,408.30 |
| Lot Size | 43.35 AC |
DESCRIPTION
Lone Tree Ln. just west of Highway 85 in Nunn CO.
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WCR 29.5 - Varra's North 40 Minor Subdivision
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