5045 marshall greenhouses sale 4pg

FOR SALE

5045 Marshall Greenhouses ARVADA, COLORADO 80002

Professional Greenhouse Complex Sale Price: $4,320,000 ($58.75/SF)

Marshall Greenhouses Overview This professional greenhouse complex displays the pride of ownership that comes from having been in the same family for well over 50 years. The site is relatively flat and the access and visibility from Marshall Street are good. Limited visibility is attained from I-76 and I-70 as the property is in the toe of the north slope flanking I-76. Buildings were constructed during the 1950s and 1960s and have been well maintained. All systems and equipment associated with greenhouse operations are in good condition and maintained with care.

Current Operating Status: The property is leased on a seasonal basis to various growers of retail and wholesale bedding plants and general greenhouse product. The property can be made available to buyers either unencumbered by leases, or subject to short-term leases, depending on the time of year.

Features Acres ±2.68 Jurisdiction

City of Arvada

Zoning Agricultural Comprehensive Plan Improvements

Office or Industrial Single family brick residence: 1,540 SF Total production facilities: 72,000 SF

Note: Area calculations are approximate

Flower Gift Shop

Additional acreage and another brick residence can be available for additional price Other

Utilities

Three shallow wells, adjudicated and non-productive 200 HP boiler, walk-in cooler, 20K-gallon concrete water tank, 671 GMC diesel back-up generator, 100KW charger with 300-gallon fuel tank 2” City of Arvada water tap

Annexed and connected to Clear Creek Valley Sanitation Sewer

Xcel Energy for natural gas and electric

Frontage Taxes

Manager’s Residence

Marshall Street ±125 LF Schedule Number 39-133-03-006 39-133-03-007 39-133-00-008 39-133-00-022 39-133-00-007 TOTAL

2011/Pay 2012 $3,945.36 $3,520.66 $459.84 $4,223.62 $1,766.78 $13,916.26

Marshall Street Signage

5045 MARSHALL GREENHOUSES | ARVADA, COLORADO 80002

Site Plan

This area and brick house may also be for sale for an additional price.

Flower Gift Shop

B

±19,536 SF

C

±16,245 SF

Marshall St.

A

±29,285 SF

D

±6,731 SF Boiler, Generator and Water Storage Building

I NTE RSTATE

76

Comparable Sales Address

City

Square Feet

Sold Price

$/SF

1440-1445 Kearney St.

Denver

34,779

$1,900,000

$54.63

770 W. 120th Ave.

Broomfield

1,259

$118,000

$93.73

5468 Carr St.

Arvada

3,082

$390,000

$126.54

10916 Cimaroon St.

Firestone

8,175

$800,000

$97.86

17050 Smith Rd.

Aurora

21,000

$1,600,000

$76.19

Average

$89.79

5045 Marshall Greenhouses ARVADA, COLORADO 80002

Wa dsw or t hB lvd .

Marshall St.

W. 55th Ave.

W. 52nd Ave.

SITE

To DIA I N T E R STAT E

76

I N T E R STAT E

70

Marshall St.

To Golden

SITE

IN TER STATE

76

INTERSTATE

76

Listing # 23032

For more information, please contact:

Esther Kettering, 303.312.4278

mba

esther.kettering@cassidyturley.com

Terry Matthews 303.312.4269

terry.matthews@cassidyturley.com

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202 T 303.292.3700 F 303.534.8270 cassidyturley.com/colorado

The information contained herein has been obtained from sources we deem reliable, however the accuracy thereof cannot be guaranteed. Any information deemed pertinent should be verified prior to purchase or lease.