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Six-Office Building with Conference Room
For Sale
$420,000

15739 Pearl Avenue, Collbran, CO 81624

COMMERCIAL, Collbran, CO

Property Size1,440 SF
Lot Size0.39 Acres
Price / SF$291.67
Days on Market113

Property Features for 15739 Pearl Avenue

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. Office is on your righthand side.
Standard status Active
Size 1,440 SF
Lot size 0.39 Acres

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 1999
Listing Agency: Real Colorado Properties
Listed By: Julie Piland · License #100044654
Added: Jun 19 Changed: Aug 20 Last Checked: Oct 9 at 12:06PM
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.

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.

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 (±1% cap)
NOI $13,608 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.73M
$2.39M – $3.19M (±1% cap)
NOI $191,290 @ 7.0% cap · market cap 45.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Real Estate Agency Daycare Center Accounting Firm

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

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

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
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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
More about this property
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