511 Spring Buck RD Active Save Request In-Person Tour Request Virtual Tour
Gypsum,CO 81637
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 17,571 sqft
Price per Sqft $332
Subdivision Valley Airpark
MLS Listing ID 1010656
Year Built 2022
Annual Tax Amount $51,107
Tax Year 2024
Lot Size 2.160 Acres
Property Sub-Type Industrial
Property Description
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.
Location
State CO
County Eagle
Community Valley Airpark
Area Gypsum
Zoning Light Industrial
Interior
Heating Natural Gas
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Trash,Water Available
Building
Foundation Poured in Place