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Flex Space with Office and Warehouse
For Sale
$1,600,000

1901 Railroad Avenue, Rifle, CO 81650

CommercialSale, Rifle, CO

Property Size8,800 SF
Price / SF$181.82
Days on Market268

Property Features for 1901 Railroad Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CS
Lot features Corner Lot
Directions From Rifle city downtown north on Railroad Avenue to the site on the west side, facing east.
Subdivision Rifle
Standard status Active

Taxes and HOA fees

Tax Annual Amount 9490

Amenities

reception
mezzanine storage
security fenced yard area
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: Mike Foster · License #IA40011873
Added: Jan 12 Changed: Sep 10 Last Checked: Oct 7 at 2:06AM
MLS# 20260153

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 8,800 SF flex property combines office, shop, and warehouse functions in one commercial facility. The office component includes 12+ offices and a reception area, while the shop and warehouse provide two overhead doors and mezzanine storage accessible from the office area.

Paved off-street parking supports the property, and a security-fenced yard adds enclosed exterior space. The property is located at 1901 Railroad Avenue in Rifle, Colorado, within an area described as having high traffic.

Key Highlights

  • 8,800 SF flex property with office, shop, and warehouse areas
  • 12+ offices plus a reception area
  • Shop and warehouse include two OH doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$124,645
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,492,900 $2.5M
Cap Rate 7%
$1,780,643 $1.8M
Cap Rate 9%
$1,384,944 $1.4M
Market Conditions
NOI Build-Up for 8,800 SF
Gross rent
$193.2K $21.96/SF
− Vacancy
−$27.1K −$3.07/SF
EGI
$166.2K $18.89/SF
− OpEx
−$41.5K −$4.72/SF
NOI
$124.6K $14.16/SF
Area
Garfield County, CO
Vacancy
14.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,492,900
Cap Rate 7%
$1,780,643
Cap Rate 9%
$1,384,944

Alternative Uses

Best Use
Office B
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,645 @ 7.0% cap · market cap 7.79%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,917 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$2.30M
$2.02M – $2.69M (±1% cap)
NOI $161,323 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Computer & Electronic Repair HVAC Service Florist

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81650, CO

14,336
Population
5,088
Households
2.8
Avg Household Size
34
Median Age
17%
College-Educated
85%
High-School Grad
1,022.7 sq mi
ZIP Area
14
Density / Sq Mi
$81,506
Median Household Income
$41,982
Median Earnings
$1,236
Median Rent
$397,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office, shop, and warehouse areas include reception, mezzanine storage, and a secured yard.
Where is this flex space located?
The property is located at 1901 Railroad Avenue Rifle, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8,800 SF flex property with office, shop, and warehouse areas; 12+ offices plus a reception area; Shop and warehouse include two OH doors
More about this property
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