Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    738 Scarlet St Grand Junction, CO 81505

    Sponsored
    For Lease
    $13,150 /Mo ($12 SF/Yr)

    COMMERCIAL - Grand Junction, CO

    Property size:
    13,150 SF
    Days on Market:
    33
    Last Refresh:
    Feb 3 at 1:06 am

    Property Features for 738 Scarlet St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking
    25
    Parking features
    On Street
    Size
    13,150 SF

    Building Details

    Year built
    1998

    We can help!

    Listing Contact
    Theresa Englbrecht
    Theresa Englbrecht

    VENTURE GROUP (970) 778-0796

    Listing agent Theresa Englbrecht (970) 201-1849

    Listing date Jan 2, 2026

    MLS# 20255722

    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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Office-Warehouse Near I-70

    This 13,150 square foot office-warehouse is located near the I-70 and 22 Road interchange. The property features 11,616 square feet of clear-span warehouse space and 1,534 square feet of climate-controlled office space. The warehouse has an 18-foot eave height and four 12-foot overhead doors. The property includes new, high-efficiency Lennox HVAC units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Pharmacy Gym & Fitness Center Department Store

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

    Similar Places Nearby

    Hill and Homes Storage - Sanford, Sundance Storage, I-70 Maxi-Storage, Logos RV and Boat Storage, Storage Storage, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.637509
    Latitude
    39.111343

    Nearby Similar for Lease

    • $58,713
      46,970 SF

      Grand Junction Industrial Warehouse Space

      Industrial warehouse with cold storage, office, and retail space.
      2530 High Country Ct, Grand Junction, CO 81501
      View Details
    • New
      $4,500 /Mo
      3,113 SF

      Downtown Grand Junction Retail Space

      Reconstructed retail space with high-end finishes in downtown Grand Junction.
      344 Main St, Grand Junction, CO 81501
      View Details
    • $5,500 /Mo
      17,037 SF

      Spacious Office Near Mesa Mall

      Corner office space with easy access to amenities and highways.
      2452 Patterson Rd, Grand Junction, CO 81505
      View Details
    • $2,353 /Mo
      2,353 SF

      Grand Junction Office Suite For Rent

      Second-floor office suite in a highly visible Grand Junction location.
      1190 Bookcliff Ave, Grand Junction, CO 81501
      View Details
    • $8,900 /Mo
      34,623 SF

      Downtown Grand Junction Office Space

      Modern office space with flexible layout and downtown amenities.
      734 Main St Unit, Grand Junction, CO 81501
      View Details
    • $17,800 /Mo
      34,623 SF

      Downtown Office Space with Views

      Modern office space available in downtown Grand Junction.
      734 Main St Unit, Grand Junction, CO 81501
      View Details
    • $980 /Mo
      3,291 SF

      Victorian Building Office Suites

      Downtown office suites in a converted Victorian building for rent.
      838 Grand Ave, Grand Junction, CO 81501
      View Details
    • $1,590 /Mo
      9,510 SF

      Class A Executive Office Space

      All-inclusive Class A executive office space at The Vault.
      2755 North Ave, Grand Junction, CO 81501
      View Details
    • $795 /Mo
      9,510 SF

      Class A Executive Office Space

      All-inclusive executive office space at The Vault building.
      2755 North Ave, Grand Junction, CO 81501
      View Details
    • $1,590 /Mo
      9,510 SF

      Class A Executive Office Space

      All-inclusive executive office space at The Vault building.
      2755 North Ave, Grand Junction, CO 81501
      View Details
    • $1,590 /Mo
      9,510 SF

      Class A Executive Office Space

      All-inclusive executive office space at The Vault building.
      2755 North Ave, Grand Junction, CO 81501
      View Details
    • $795 /Mo
      9,510 SF

      Class A Executive Office Space

      All-inclusive executive office space at The Vault building.
      2755 North Ave, Grand Junction, CO 81501
      View Details

    FAQs

    What type of property is this?
    Warehouse - 13,150 SF flex space near I-70 in Grand Junction.
    Where is this warehouse located?
    The property is located at 738 Scarlet St Grand Junction, CO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location near I-70 and 22 Road interchange for seamless regional logistics and high visibility.; - 13,150 SF turnkey office-warehouse space.; - High-capacity shop with 11,616 SF of clear-span warehouse space.
    (970) 201-1849
    Request Owner's contact information
    738 Scarlet St Grand Junction, CO 81505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    738 Scarlet St
    Grand Junction, CO 81505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    738 Scarlet St Grand Junction, CO 81505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Theresa Englbrecht
    Theresa Englbrecht
    Real Estate License ID: FA100006764
    (970) 201-1849
    Learn more
    Google sign-in failed. Please try again or use another login method.