2409 E Empire St 3 Units

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2409 E Empire St 3 Units

Cortez, CO 81321
Asking Price
$495K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property featuring three distinct units for use.
  • Total building footprint comprises 3,600 square feet of space.
  • Offered for sale at an asking price of $495,000.
  • Located within the city of Cortez in southwestern Colorado.
  • Asset provides flexible configurations for distribution or storage operations.

What's Special

Warehousing and light industrial operations find a functional home in this 3,600-square-foot facility situated in Cortez, Colorado. The property consists of three distinct units, providing flexibility for diverse storage requirements, small-scale manufacturing, or regional distribution needs. Strategically positioned in the Four Corners region, the site benefits from access to regional transportation corridors that link Colorado, New Mexico, Utah, and Arizona. The layout of the three units allows for potential tenant diversification or owner-user occupancy with additional rental income streams. Industrial businesses in this area typically support the regional economy through trade, local construction services, and supply chain logistics. With its location in a growing market within the southwest quadrant of the state, this asset presents a practical acquisition for investors looking to expand their portfolio within the industrial sector. The physical configuration accommodates various business models seeking warehouse space in a centralized regional hub.

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

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