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Warehouse with Office and Overhead Doors
For Sale
$550,000

15757 57 1/2 Road, Collbran, CO 81624

COMMERCIAL - Collbran, CO

Property Size4,960 SF
Lot Size0.29 Acres
Price / SF$110.89
Days on Market98

Property Features for 15757 57 1/2 Road

General Information

Property type Commercial Sale
Property subtype Office
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Directions From Grand Junction, take I-70 East to exit 49, go 12 miles then turn left on Hwy 330 for about 8 miles. The shop is in Plateau City on right hand side.
Standard status Active
Size 4,960 SF
Lot size 0.29 Acres

Building Details

Year built 1952
Listing Agency: Real Colorado Properties
Listed By: Julie Piland · License #FA100044654
Added: Apr 25 Changed: Jun 9 Last Checked: Jul 31 at 9:06PM
MLS# 833880

Copyright © 2026 Colorado Real Estate Network Inc. 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 upgraded and remodeled warehouse/shop is designed for day-to-day functionality, with shop space sectioned into two insulated bays supported by concrete floors. The facility includes wide rolling overhead doors with electric motors, a 220-volt electrical service, and an outside loading dock. Inside, built-in shelving and counters, bright natural light, and overhead lighting support an efficient work area, along with a 5-ton overhead sliding hoist. Comfort and productivity are supported by overhead heating units, plus a side entrance door and a tiled half bath.

The office wing transitions from the shop through a covered entry and includes three large, carpeted offices with office furniture, along with a break room. Forced air heat, A/C, and a mini-split system provide temperature control throughout the workday. Additional improvements include a private well, a storage shed, and paved parking. The property is positioned on a high-traffic corner at Highway 330 and 57 1/2 Road for visibility and signage exposure.

The layout fits a range of local operators, including contractors and service-based businesses that need flexible shop bays with direct overhead-door access and dedicated office space. With loading capability, overhead lifting capacity, and utility support for year-round use, the building is well suited to light industrial and related commercial uses where practical workflow and straightforward access matter.

Key Highlights

  • 1952‑built commercial warehouse/shop with office wing and upgraded, remodeled interior
  • Shop includes two insulated bays with concrete floors, built‑in shelving/counters, and bright natural light
  • Two wide electric overhead rolling doors plus outside loading dock for convenient loading and access

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $89.3k $18.00
− Vacancy −$26.8k −$5.40
EGI $62.5k $12.60
− OpEx −$15.6k −$3.15
NOI $46.9k $9.45
4,960 SF · lease $18.00/SF/yr · vacancy 30.00% · expense 25.00%

Alternative Uses

Best Use
Flex RnD
$739.3K
$646.9K – $862.5K (±1% cap)
NOI $51,750 @ 7.0% cap · market cap 9.41%
Second Best
Office B
$669.6K
$585.9K – $781.2K (±1% cap)
NOI $46,872 @ 7.0% cap · market cap 8.52%
Theoretical Best
Healthcare Medical
$9.41M
$8.24M – $10.98M (±1% cap)
NOI $658,886 @ 7.0% cap · market cap 119.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Lease Details

2
Drive-in doors
3
Office units
Turnkey business
Opportunity
Yes
Heavy power
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81624, CO

1,196
Population
803
Households
1.5
Avg Household Size
47
Median Age
21%
College-Educated
92%
High-School Grad
548.8 sq mi
ZIP Area
2
Density / Sq Mi
$89,900
Median Household Income
$31,382
Median Earnings
$1,563
Median Rent
$467,300
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Move-in ready shop/office with insulated bays, electric overhead doors, and a comfort-ready office wing.
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: 1952‑built commercial warehouse/shop with office wing and upgraded, remodeled interior; Shop includes two insulated bays with concrete floors, built‑in shelving/counters, and bright natural light; Two wide electric overhead rolling doors plus outside loading dock for convenient loading and access
More about this property
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