Fenced-Yard Flex
For Sale
$3,200,000
2275 Logos Court, Grand Junction, CO 81505
CommercialSale, Grand Junction, CO
Property Size15,000 SF
Lot Size3.00 Acres
Price / SF$213.33
Days on Market109
Property Features for 2275 Logos Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-2
Directions
Hwy 6&50 to 23 Rd, north to Logos Ct west to property
Subdivision
NW Grand Junction
Standard status
Active
Lot size
3.00 Acres
Taxes and HOA fees
Tax Annual Amount
34404
Amenities
showers
laundry hookups
conference rooms
restrooms
breakrooms
Listing Agency:
S.U.R.E., LLC
(970) 300-5857
Listed By:
Katie Davis · License #FA.100094662
(970) 778-5083
Added: Jun 24
Changed: Oct 8
Last Checked: Oct 10 at 4:06AM
MLS# 20263035
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 approximately 15,000 SF flex property combines climate-controlled warehouse space, executive offices, and additional workspace in a Quonset hut. The warehouse includes six 14-foot automatic overhead doors, HVAC, showers, and laundry hookups. A dedicated 480V 3-phase power drop supports the facility. The office component spans two floors and includes 19 private offices, conference rooms, restrooms, and breakrooms.
The property includes 3.0 acres of fully fenced yard space, providing substantial outdoor area alongside the enclosed improvements. The Quonset hut adds 2,730 SF of workspace with a 12-foot door and private entrance. The property is currently tenant-occupied, and showings require 24 hours' notice.
The property includes 3.0 acres of fully fenced yard space, providing substantial outdoor area alongside the enclosed improvements. The Quonset hut adds 2,730 SF of workspace with a 12-foot door and private entrance. The property is currently tenant-occupied, and showings require 24 hours' notice.
Key Highlights
- 3.0 acres of fully fenced yard space
- Approximately 15,000 SF flex property with warehouse and office improvements
- Climate‑controlled warehouse with six 14' automatic overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,502
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,130,040
$3.1M
Cap Rate 7%
$2,235,743
$2.2M
Cap Rate 9%
$1,738,911
$1.7M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$261.0K $17.40/SF
− Vacancy
−$20.2K −$1.35/SF
EGI
$240.8K $16.05/SF
− OpEx
−$84.3K −$5.62/SF
NOI
$156.5K $10.43/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,130,040
Cap Rate 7%
$2,235,743
Cap Rate 9%
$1,738,911
Alternative Uses
Best Use
Flex RnD
$2.24M
$1.96M – $2.61M
NOI $156,502 @ 7.0% cap · market cap 4.89%
Second Best
Office B
$2.03M
$1.77M – $2.36M
NOI $141,750 @ 7.0% cap · market cap 4.43%
Theoretical Best
Healthcare Medical
$28.47M
$24.91M – $33.21M
NOI $1,992,600 @ 7.0% cap · market cap 62.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81505, CO
11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile industrial property combines climate-controlled warehouse, office space, and a fully fenced yard.
Where is this flex space located?
The property is located at 2275 Logos Court Grand Junction, CO.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 3.0 acres of fully fenced yard space; Approximately 15,000 SF flex property with warehouse and office improvements; Climate‑controlled warehouse with six 14' automatic overhead doors
