Active

511 Spring Buck Road

Gypsum CO, 81637

$5,850,000


$332.93 per sqft

Active

17,571 sqft

Commercial

Built in 2022

511 Spring Buck Road is a 17,571 SF light industrial building located in Gypsum, Colorado. The property was constructed in 2022 for CPS Distributors (''CPS''), which currently occupies the building and the majority of the parcel, on a long-term lease with a five-year initial term and three, five-year renewal options. CPS specializes in wholesale distribution of landscape supplies and does not have a direct competitor in Eagle County. The lease is structured as NN with the Tenant paying for property taxes and general maintenance of the property. The Landlord is responsible for insuring the property and certifying the roof and structure are properly maintained.

The parcel totals 2.16 acres, of which approximately 0.32 acres is undeveloped and not leased by the Tenant. This excess acreage could support an additional 5,000 square foot building, or leased as-is, providing an immediate value-add opportunity.

Situated in Gypsum's light industrial zoning district, the property is surrounded by the bulk of Eagle County's contractor and skilled trade base. This is the only area in the county that has a meaningful amount of land dedicated to this use. It is a crucial part of the community, serving the needs of up-valley areas, such as Edwards, Avon, Beaver Creek and Vail, that drive the economy of the county.

1010656

MLS ID

November 13, 2024

Listed

November 22, 2024

Updated

Map

511 Spring Buck Road
Gypsum CO, 81637

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

2.16 Acres

Other Property Details

Area Name

Gypsum


Taxes

$51,107


Tax Frequency

Annually


Garage

No


Parking

Parking Lot


View

No


County

Eagle


Water Source

Public


Pool

No


Zoning

Light Industrial

Listed by: Fortius Commercial Advisors, Erich Schmidt,
Listing Contact: 970-306-0313 

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of the Vail Multi List Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:14 PM UTC, 11/22/2024

 

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