16
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$1,000,000
Est. payment /mo
5.3 Acres Lot
Active
20094 US Highway 50 Rocky Ford, CO 81067
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5771765
HOA Y/N No
Year Built 1967
Lot Size 5.300 Acres
Acres 5.3
Property Sub-Type Industrial
Property Description
This property sits on the South side of Highway 50 just East of downtown Rocky Ford, CO on 5.3 Acres with City/Community Water & Sewer, Railspur, 1500KVA 220/440 3 Phase & 4 Bays in Main Building. The additional 8K SqFt Building is a Drying Facility - once used to dry onions and later to dry Hemp. The plant is vacant and has been since 2019/2020.
HISTORY OF PLANT: This property is located in eastern Colorado in the Arkansas River Valley and was originally used as an onion processing plant. In 2005, Colorado Blue Ribbon Foods purchased the plant and had the plant approved as a USDA/FDA food preparation and meat processing plant. Blue Ribbon Foods was a large ready-to-eat (RTE) facility - the food produced could be consumed without further cooking. A USDA inspector was present at the plant on a daily basis to ensure that the products met stringent USDA standards. During 2017-2019/2020 the plant was leased to one of the largest U.S. hemp oil processors. The hemp oil was processed for animal and human food supplements. Recently, the plant has been cleaned out and all of the old ammonia refrigeration equipment has been removed. **** TODAY: The property will require a bit of repair/restoration to get it up and running. Due to it's location in a Designated Rural Enterprise Zone there are a plethora of tax credits available; one of which is for vacant building restoration: Enterprise Zone Vacant Commercial Building Rehabilitation State Tax Credit: 25% of rehabilitation costs (up to $50,000 in credits on $200,000 or more in costs). See Supplements for more details or visit the Otero County website. Showings can be scheduled with 48 hour advanced notice. ZONING: I-1 - Manufacturing, Light Industrial. The plant was annexed into the City Limits allowing for medical marijuana growing & manufacturing (edibles, oils, etc.) with City/County permit/licensing.
HISTORY OF PLANT: This property is located in eastern Colorado in the Arkansas River Valley and was originally used as an onion processing plant. In 2005, Colorado Blue Ribbon Foods purchased the plant and had the plant approved as a USDA/FDA food preparation and meat processing plant. Blue Ribbon Foods was a large ready-to-eat (RTE) facility - the food produced could be consumed without further cooking. A USDA inspector was present at the plant on a daily basis to ensure that the products met stringent USDA standards. During 2017-2019/2020 the plant was leased to one of the largest U.S. hemp oil processors. The hemp oil was processed for animal and human food supplements. Recently, the plant has been cleaned out and all of the old ammonia refrigeration equipment has been removed. **** TODAY: The property will require a bit of repair/restoration to get it up and running. Due to it's location in a Designated Rural Enterprise Zone there are a plethora of tax credits available; one of which is for vacant building restoration: Enterprise Zone Vacant Commercial Building Rehabilitation State Tax Credit: 25% of rehabilitation costs (up to $50,000 in credits on $200,000 or more in costs). See Supplements for more details or visit the Otero County website. Showings can be scheduled with 48 hour advanced notice. ZONING: I-1 - Manufacturing, Light Industrial. The plant was annexed into the City Limits allowing for medical marijuana growing & manufacturing (edibles, oils, etc.) with City/County permit/licensing.
Location
State CO
County Otero
Zoning I-1
Exterior
Utilities Available Electricity Available, Natural Gas Available, Phone Available
Waterfront Description Public,Well
Roof Type Composition,Membrane
Private Pool No
Building
Sewer Community
Water Public, Well
Others
Tax ID 4443-172-00010
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byBerkshire Hathaway HomeServices Colorado Real Estate, LLC
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TESTIMONIALS
James
Travis Hightower is an exceptional real estate professional. I worked with him on the sale of my condo, and his professionalism, initiative, and attention to detail were outstanding from beginning to end. Travis took ownership of the entire process. He coordinated the contractors, got the property market-ready quickly, and produced a listing that stood well above the competition. The photography and presentation were first-class. He even took the initiative to meet with the HOA to better understand the property's finances, future plans, and implications for residents. The results spoke for themselves. Despite listing in December, we were under contract within a week and closed in less than a month. We also achieved an excellent price, particularly considering a condo one building over sold for approximately 11% less just a few months later. I was traveling internationally during much of the process, but Travis and his team made everything straightforward. Communication was consistently clear, responsiveness was excellent, and the closing team was equally professional and reasonable in its fees. Real estate is clearly more than a profession to Travis. He lives and breathes it, and that commitment shows in the quality of his work, the people he surrounds himself with, and the results he delivers. Beyond his professionalism, Travis is genuinely warm, personable, and a pleasure to work with. He has a way of making you feel at ease and that you're in good hands. I couldn't be happier with the experience and would recommend Travis without hesitation.