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320 Industrial Boulevard

320 Industrial Boulevard, Olathe, CO 81425
Commercial in Montrose
320 Industrial Boulevard has been categorized by the local assessors in Olathe, CO as a industrial type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1994. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 320 Industrial Boulevard has 5,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 244,067 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of metal. The exterior walls of the building are made of metal. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a space/suspended heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 320 Industrial Boulevard sold most recently in Mar 5, 2020 for a total of $352,500. If you work out the math, that's approximately a cost of $70.50 per sqft. Before that, the property was also sold for $85,000 in Aug 10, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,405 in taxes each year. The initial year of tax delinquency occurred in 2017. 320 Industrial Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $263,350. If we break it down further, the land itself was valued at $26,320. Improvements to the property, however, were assessed at a total of $237,030. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1994
  • Building Count: 5
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Steel
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 244,067
  • Total Building Area: 5,000
  • Gross Building Area: 5,000
  • Building Area: 5,000
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Space/suspended
  • Heated Square Feet: 5,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: OLATHE
  • Land Acres: 5.603
  • Standard Land Use Code: Manufacturing (light)
  • Legal Description 1: S: 10 T: 50 R: 10 A TRACT OF LAND SITUATED IN THE NW4SE4 AND NE4SW4 SEC 10 DESC AS BEG AT A POINT ON THE NORTH LINE OF SAID

Ownership

  • Current Owner : 320 INDUSTRIAL LLC
  • Previous Owner : BETZ TRANSFORMERS INC
  • Owner Before Previous Owner: CARROLE E BETZ TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966202

Geography

  • Account Number: R0652125
  • Parcel: 3723-104-00-024
  • Meridian: SEC 10 TWN 50 RNG 10
  • Latitude: 38.612
  • Longitude: -107.976

    Address

  • Full Address: 320 Industrial Ave
  • Address - House Number: 320
  • Address - Street Name: Industrial
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Olathe
  • Carrier Code: R802
  • 4-Digit Zip Code: 9529
  • Zip Code: 81425

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,405
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 15000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: Mar 05, 2020
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $908,120
  • Market Land Value: $90,770
  • Market Improvement Value: $817,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,350
  • Assessed Land Value: $26,320
  • Assessed Improvements Value: $237,030

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11745124982
  • Current Sale Price: $352,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 918781
  • Previous Sale Recording Date: Aug 16, 2011
  • Previous Sale Contract Date: Aug 10, 2011
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BANK
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CAROL E BETZ TRUST
  • Previous Mortgage Transaction Date: Aug 16, 2011
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 104
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2020

About Olathe



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Frequently Asked Questions

What neighborhood is 320 Industrial Boulevard located in?
The 320 Industrial Boulevard is a commercial located in the neighborhood of Montrose in Olathe, Olathe.
What is the average sales price for listings in 320 Industrial Boulevard?
The average sales price for units in 320 Industrial Boulevard is $0 currently.

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