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27408 County Road 51
Kersey, CO 80644
Asking Price
$1.95M
Asset Type
Commercial Land
Class
Class B
What's Special
Industrial Use Development Review Process Underway <p>HIGHWAY 34 DEVELOPMENT OPPORTUNITY</p><ul><li>Lot Size: 134.33 Acres (Weld County Assessor)</li><li>Exceptional Highway 34 Frontage</li><li>Industrial-Use Potential, in Final Stages of Review Process</li><li>Zoning: C-1 | Business District</li><li>Owner has recently completed a Site Plan, Drainage Report, Landscape Plan, Traffic Impact Study, and Conceptual Building Design for review process</li><li>Town of Kersey has indicated that the review process is approximately 90% complete, with
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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433
