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4-Bay Flex Property
For Sale
$425,000

151 2nd Street, Clifton, CO 81520

CommercialSale, Clifton, CO

Property Size4,995 SF
Price / SF$85.09
Days on Market223

Property Features for 151 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-2
Directions I-70 Business Loop, turn left on F Road .2 miles after round about, turn right onto 2nd St, end of the street on the right.
Subdivision Clifton
Standard status Active

Taxes and HOA fees

Tax Annual Amount 7591
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Sheri Heath · License #FA100040758
Added: Feb 25 Changed: Sep 10 Last Checked: Oct 6 at 9:06PM
MLS# 20260839

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 flex property comprises two shop buildings with a combined 4,995 square feet. One building is configured with four bays, while the other provides storage space and includes a paint booth. A large fenced-in yard extends the usable outdoor area.

The property is located at 151 2nd Street in Clifton, Colorado, within Mesa County. Its combination of shop areas, specialized paint-booth space, storage, and secured yard creates a straightforward industrial-use configuration.

Key Highlights

  • 4,995 square feet across two shop buildings
  • Four‑bay shop configuration
  • Paint booth included in one building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,461
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,220 $769.2K
Cap Rate 7%
$549,443 $549.4K
Cap Rate 9%
$427,344 $427.3K
Market Conditions
NOI Build-Up for 4,995 SF
Gross rent
$58.1K $11.64/SF
− Vacancy
−$3.2K −$0.64/SF
EGI
$54.9K $11.00/SF
− OpEx
−$16.5K −$3.30/SF
NOI
$38.5K $7.70/SF
Area
Mesa County, CO
Vacancy
5.50%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$769,220
Cap Rate 7%
$549,443
Cap Rate 9%
$427,344

Alternative Uses

Best Use
Flex RnD
$744.5K
$651.4K – $868.6K (±1% cap)
NOI $52,115 @ 7.0% cap · market cap 12.26%
Second Best
Industrial
$549.4K
$480.8K – $641.0K (±1% cap)
NOI $38,461 @ 7.0% cap · market cap 9.05%
Theoretical Best
Healthcare Medical
$9.48M
$8.29M – $11.06M (±1% cap)
NOI $663,536 @ 7.0% cap · market cap 156.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Service bays
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
Under-served
Demand for This Use

Demographics for 81520, CO

14,042
Population
5,411
Households
2.6
Avg Household Size
35
Median Age
11%
College-Educated
81%
High-School Grad
20.5 sq mi
ZIP Area
685
Density / Sq Mi
$50,769
Median Household Income
$34,375
Median Earnings
$1,013
Median Rent
$228,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-shop configuration includes a fenced yard, storage space, and a dedicated paint booth.
Where is this flex space located?
The property is located at 151 2nd Street Clifton, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,995 square feet across two shop buildings; Four‑bay shop configuration; Paint booth included in one building
More about this property
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