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    Upgraded Warehouse/Shop in Collbran, CO Title is generated by Realmo AI

    15757 57 1/2 Road, Collbran, CO 81624

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    Claim this Listing
    For Sale
    $550,000

    COMMERCIAL - Collbran, CO

    Property size:
    4,960 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $110/SF
    Added:
    Apr 22, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 7 at 3:06 am

    Property Features for 15757 57 1/2 Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    266734211014
    Size
    4,960 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 5 TO 8 INCL BLK 11 PLATEAU CITY SEC 34 9S 95W - 0.29AC
    Tax Annual Amount
    8376

    Utilities

    Water source
    Well

    Building Details

    Year built
    1952
    Floors in Building
    1
    Building materials
    Frame, Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Julie Piland
    Julie Piland

    Listing agent Julie Piland License #100044654

    Listing office United Country Real Colorado Properties 428 Main St, Grand Junction, CO

    Listing date Apr 22, 2026

    MLS# 192522

    Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility corner location on Highway 330 and 57 1/2 Road, ideal for signage and exposure.
    • Upgraded and remodeled warehouse/shop with two insulated bays, concrete floors, wide rolling overhead doors, 220 electrical service, and loading dock.
    • Move‑in ready office wing with three carpeted offices (including furniture), break room, forced air heat/AC, and mini‑split system.
    • Functional features including a 5‑ton overhead sliding hoist, built‑in shelving/counters, and overhead heating units.
    • Private well, storage shed, and paved parking area for employees, customers, and equipment.
    • Positioned in Western Colorado's recreation corridor near the Grand Mesa, Powderhorn Mountain Resort, and Vega State Park.

    Overview

    This upgraded and remodeled commercial building in Collbran, Colorado, is designed for functionality, flexibility, and business growth. The property features spacious work areas, a tiled half bath, and office space, making it suitable for contractors, service-based businesses, light industrial use, or investment. The shop area is divided into two insulated bays with concrete floors, wide rolling overhead doors with electric motors, 220 electrical service, and an outside loading dock. Built-in shelving, counters, bright natural light, and overhead lighting enhance the workspace. A 5-ton overhead sliding hoist adds capability, and overhead heating units support year-round operations. A side entrance door provides access. The office wing includes a covered entryway leading to three large, carpeted offices with office furniture, and a break room. Comfort is ensured by forced air heat, A/C, and a mini-split system. Additional features include a private well, storage shed, and paved parking area. Located on the corner of Highway 330 and 57 1/2 Road, the property benefits from high visibility and signage exposure. Situated in Western Colorado's recreation corridor, it offers proximity to the Grand Mesa and Powderhorn Mountain Resort, along with Vega State Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Collbran
    County
    Mesa
    State
    Colorado
    Longitude
    -107.98184
    Latitude
    39.236684

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    FAQs

    What type of property is this?
    Flex space - Remodeled warehouse/shop with office space, ideal for various businesses.
    Where is this flex space located?
    The property is located at 15757 57 1/2 Road Collbran, CO.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: High‑visibility corner location on Highway 330 and 57 1/2 Road, ideal for signage and exposure.; Upgraded and remodeled warehouse/shop with two insulated bays, concrete floors, wide rolling overhead doors, 220 electrical service, and loading dock.; Move‑in ready office wing with three carpeted offices (including furniture), break room, forced air heat/AC, and mini‑split system.
    (970) 985-0913
    We can help!
    Listing Contact
    Julie Piland
    Julie Piland
    Real Estate License ID: 100044654
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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