Light Industrial Property with Two
For Sale
$1,150,000
507 Fruitvale Court, Grand Junction, CO 81504
CommercialSale, Grand Junction, CO
Property SizeContact for details
Days on Market508
Property Features for 507 Fruitvale Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
PUD
Lot features
Cul De Sac, Irregular Lot
Directions
I-70B east of 30 Road. Take frontage Road to Fruitvale Ct., building located on the left.
Subdivision
NE Grand Junction
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
18461
Listing Agency:
VENTURE GROUP
(970) 892-2200
Listed By:
Cory Carlson · License #100087222
(970) 261-9311
Added: Apr 18, 2025
Changed: Sep 6
Last Checked: Sep 7 at 6:06PM
MLS# 20251728
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This light industrial property at 507 Fruitvale Court includes two leased units totaling approximately 8,800 SF. Unit C contains approximately 4,800 SF and was renewed for a five-year term extending through 2031, with the tenant responsible for NN expenses and utilities. The lease also provides 3% annual rent escalations. Unit A offers approximately 4,000 SF and is leased through December 2025. A new roof is scheduled for installation in September 2026.
The property is within an established light industrial park in Grand Junction, with access to the I-70 Business Loop and major commercial corridors. The sale includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. The property carries a current 7.6% CAP rate.
The property is within an established light industrial park in Grand Junction, with access to the I-70 Business Loop and major commercial corridors. The sale includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. The property carries a current 7.6% CAP rate.
Key Highlights
- Approximately 8,800 SF across two industrial units
- Unit C: approximately 4,800 SF leased through 2031 on a five‑year renewal
- Unit A: approximately 4,000 SF leased through December 2025
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 81504, CO
31,150
Population
13,042
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
1,158
Density / Sq Mi
$67,907
Median Household Income
$40,402
Median Earnings
$1,414
Median Rent
$290,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Multi-tenant industrial asset in an established park with existing leases and a scheduled roof replacement.
Where is this industrial property located?
The property is located at 507 Fruitvale Court 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: Approximately 8,800 SF across two industrial units; Unit C: approximately 4,800 SF leased through 2031 on a five‑year renewal; Unit A: approximately 4,000 SF leased through December 2025
