Six-Office Building with Conference
15739 Pearl Avenue, Collbran, CO 81624
For Sale
$420,000
COMMERCIAL, Collbran, CO
Property Size1,440 SF
Lot Size0.39 Acres
Price / SF$291.67
Days on Market148
Property Features for 15739 Pearl Avenue
General Information
Property type
Property subtype
Bathrooms
Half bathrooms
Rooms
Directions
Standard status
Size
Lot size
Amenities
covered entry
reception area
conference room
break room
secure drop box
powder room
outside storage unit
frost-free hydrant
well
Building Details
Year built
Listing Agency:
Real Colorado Properties
Listed By:
Julie Piland · License CO #100044654
(970) 256-9700
Added: Jun 19
Changed: Oct 22
Last Checked: Nov 13 at 7:06PM
MLS# 831289
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,440-square-foot office building, constructed in 1999, provides a practical layout for an established or expanding business. The interior includes a reception area, six offices, a conference room, break room, powder room, and carpeting throughout. Included office furniture and accessories support an efficient transition into the space. Gas heat and central air conditioning are installed, with an LG Inverter system serving the building.
The property occupies 0.39 acres along Highway 330 in Collbran and includes parking, a well, and a frost-free hydrant. A detached cement-block storage structure adds two storage rooms with concrete floors, shelving, and metal doors. A secure interior package drop box supports after-hours deliveries, while daily FedEx, UPS, and courier service is available. The property is located minutes from the I-70 corridor.
The property occupies 0.39 acres along Highway 330 in Collbran and includes parking, a well, and a frost-free hydrant. A detached cement-block storage structure adds two storage rooms with concrete floors, shelving, and metal doors. A secure interior package drop box supports after-hours deliveries, while daily FedEx, UPS, and courier service is available. The property is located minutes from the I-70 corridor.
Key Highlights
- 1,440‑square‑foot office building on 0.39 acres
- Six offices plus a dedicated conference room
- Reception area, break room, and powder room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,608
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,160
$272.2K
Cap Rate 7%
$194,400
$194.4K
Cap Rate 9%
$151,200
$151.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.9K $18.00/SF
− Vacancy
−$7.8K −$5.40/SF
EGI
$18.1K $12.60/SF
− OpEx
−$4.5K −$3.15/SF
NOI
$13.6K $9.45/SF
Area
Mesa County, CO
Vacancy
30.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,160
Cap Rate 7%
$194,400
Cap Rate 9%
$151,200
Alternative Uses
Best Use
Office B
$194.4K
$170.1K – $226.8K
NOI $13,608 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.3K
$264.5K – $352.7K
NOI $21,161 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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
$467,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Mesa County, CO
Properties on Market for Office buildings in Mesa County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Furnished office configuration includes reception, conference, and break-room areas.
Where is this office building located?
The property is located at 15739 Pearl Avenue Collbran, CO.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 1,440‑square‑foot office building on 0.39 acres; Six offices plus a dedicated conference room; Reception area, break room, and powder room
