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    507 Fruitvale Ct Grand Junction, CO 81504

    Sponsored
    For Sale
    $1,150,000

    COMMERCIAL - Grand Junction, CO

    Days on Market:
    56
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 507 Fruitvale Ct

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    VENTURE GROUP (970) 778-0796

    Listing agent Cory Carlson (970) 261-9311

    Listing date Nov 11, 2025

    Overview

    Grand Junction Commercial Investment Opportunity

    This commercial investment opportunity, located in Grand Junction, CO, features a 7.6% cap rate. The property is situated in a light industrial park, offering convenient access to I70B. It includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. Unit C, which comprises 4,800 square feet, is currently leased through March 31, 2026, with renewal options available at $10 per square foot, plus NN and utilities, and includes 3% annual escalators. Unit A, consisting of 4,000 square feet, is leased through December 31, 2025, with a renewal option for one additional year at $3,329 per month, plus NN and utilities, and a 3% escalator.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Real Integrity Paint ... Auto Body Shop K&D Construction, Inc General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Musubi Mesa

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.490782
    Latitude
    39.079708

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    FAQs

    What type of property is this?
    Flex space - Commercial property with a 7.6% cap rate in Grand Junction.
    Where is this flex space located?
    The property is located at 507 Fruitvale Ct Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Current 7.6% cap rate offers immediate return on investment.; - Two units (C and A) are currently leased, providing immediate income.; - Unit C (4,800 SF) is leased through 3/31/2026 with renewal options and annual rent escalators.
    (970) 261-9311
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    507 Fruitvale Ct Grand Junction, CO 81504
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    Grand Junction, CO 81504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 Fruitvale Ct Grand Junction, CO 81504
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