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1420 Devereux Rd

24,000 SF Vacant Industrial Building Glenwood Springs, CO 81601 $4,500,000 ($188/SF)

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Investment Highlights

I-70 Visibility and easy access,

City limits Glenwood Springs

Executive Summary

Concrete construction warehouse with additional retail/office building. Warehouse in 3 section, concrete pavement for parking and outside storage, covered loading dock, good power. Centrally located in Glenwood Springs next to Colorado River and visible from I-70.

Taxes & Operating Expenses (Actual - 2024)	Annual	Annual Per SF
Taxes	$80,058	$3.34
Operating Expenses	-	-
Total Expenses	$80,058	$3.34

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual	$80,058
Annual Per SF	$3.34

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$80,058
Annual Per SF	$3.34

Property Facts

Price	$4,500,000	Rentable Building Area	24,000 SF
Price Per SF	$188	No. Stories	1
Sale Type	Owner User	Year Built	1968
Property Type	Industrial	Parking Ratio	0.96/1,000 SF
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing	Clear Ceiling Height	23’
Building Class	B	No. Dock-High Doors/Loading	1
Lot Size	1.65 AC	No. Drive In / Grade-Level Doors	2

Price	$4,500,000
Price Per SF	$188
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing
Building Class	B
Lot Size	1.65 AC
Rentable Building Area	24,000 SF
No. Stories	1
Year Built	1968
Parking Ratio	0.96/1,000 SF
Clear Ceiling Height	23’
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	2

Amenities

Waterfront

Water - City
Heating - Electric

Space Availability

1st Floor
22,392 SF
Industrial
Partial Build-Out
Now

Warehouse with small office area. Good power and some outside storage. Overhead doors. 90% of 1200 main amp breaker at 799 amp. Using 623.5 amps. A and B phase using 623.5 amps. Great visibility from I-70.

Space	Size	Space Use	Condition	Available
1st Floor	22,392 SF	Industrial	Partial Build-Out	Now

Size

22,392 SF

Space Use

Industrial

Condition

Partial Build-Out

Available

Now

1 of 1

PROPERTY TAXES

Parcel Number	R540091	Total Assessment	$1,108,610 (2023)
Land Assessment	$722,780 (2023)	Annual Taxes	$80,058 ($3.34/SF)
Improvements Assessment	$385,830 (2023)	Tax Year	2024