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36900 County Road 32.4
Trinidad, CO 81082

Industrial Property For Sale

Investment Highlights

  • premier cannabis cultivation facility on 144.2 acres
  • Flexible spaces for various operational needs.
  • This expansive property is fully equipped for indoor and outdoor cultivation, offering 36,840 sqft of building space with a 14% cap rate.

Executive Summary

Presenting a rare opportunity to own a premier cannabis cultivation facility on 144.2 acres in Trinidad, Colorado. This expansive property is fully equipped for indoor and outdoor cultivation, offering 36,840 sqft of building space with a 14% cap rate. The tenant is a publicly traded cannabis company, and there is a personal guarantee on the current lease. The lease has 3.5 years remaining, which will transfer to the new owner. 4 Indoor Greenhouses - Optimized for year-round growing with climate control and advanced irrigation systems. 3 Large Buildings - Ideal for processing, storage, and expansion of operations. 3 Medium-Sized Garage Buildings - Perfect for equipment storage, vehicles, or additional workspace. 2 Mobile Homes, 8 Shipping Containers/Rail Cars - Offering secure storage for tools, supplies, or product. 4 Sheds - Flexible spaces for various operational needs. The outdoor grow area has ample land for future expansion, making this a prime investment property.

PROPERTY FACTS

Sale Type Investment or Owner User
Cap Rate 14%
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 15.42 AC
Rentable Building Area 36,840 SF
No. Stories 1
Year Built 1987
Clear Ceiling Height 15 FT
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes

Amenities

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13561300
Land Assessment
$79,590
Improvements Assessment
$124,730
Total Assessment
$204,320
  • Listing ID: 33475777

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 36900 County Road 32.4, Trinidad, CO 81082

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