Fenced Yard with Climate-Controlled
For Sale
Contact for pricing
2275 LOGOS CT, Grand Junction, CO 81505
3-acre fenced land with warehouse, offices, and Quonset hut.
Property Size15,022 SF
Lot Size3.00 Acres
Price / SF$213.02
Days on Market133
Property Features for 2275 LOGOS CT
General Information
Standard status
Active
Size
15,022 SF
Class
B
Lot size
3.00 Acres
Property subtype
Office, Industrial
Zoning
I-2
Lease Type
Modified Gross
Building Details
Year Built
2000
Buildings
1
Stories
2
Units
20
Tenancy
Multi
Listing Agency:
S.U.R.E., LLC
Listed By:
Katie Davis · License #CO FA.100094662
(970) 241-2909
Source:
Crexi
Added: May 27
Changed: Oct 2
Last Checked: Oct 5 at 6:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.U.R.E., LLC
Investment Insights
Based on property information with market context.
This property features a 3.0-acre fully fenced yard space. The warehouse is climate-controlled with HVAC and includes six 14’ automatic overhead doors, as well as amenities such as showers and laundry hookups. Additionally, there is a 2,730 square foot Quonset hut providing extra workspace, complete with a 12’ door and a private entrance. The property also includes two floors of modern office space, featuring 19 private offices, conference rooms, restrooms, and breakrooms. The property has a dedicated 480V 3-phase power drop.
Key Highlights
- Climate‑controlled warehouse with six 14’ automatic overhead doors.
- Benefit from 3.0 acres of fully fenced yard space.
- Two floors of modern executive office space with 19 private offices.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,732
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,134,640
$3.1M
Cap Rate 7%
$2,239,029
$2.2M
Cap Rate 9%
$1,741,467
$1.7M
Market Conditions
NOI Build-Up for 15,022 SF
Gross rent
$261.4K $17.40/SF
− Vacancy
−$20.3K −$1.35/SF
EGI
$241.1K $16.05/SF
− OpEx
−$84.4K −$5.62/SF
NOI
$156.7K $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%
$3,134,640
Cap Rate 7%
$2,239,029
Cap Rate 9%
$1,741,467
Alternative Uses
Best Use
Flex RnD
$2.24M
$1.96M – $2.61M
NOI $156,732 @ 7.0% cap · market cap 4.90%
Second Best
Industrial
$1.65M
$1.45M – $1.93M
NOI $115,667 @ 7.0% cap · market cap 3.61%
Theoretical Best
Healthcare Medical
$28.51M
$24.94M – $33.26M
NOI $1,995,522 @ 7.0% cap · market cap 62.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 3-acre fenced land with warehouse, offices, and Quonset hut.
Where is this flex space located?
The property is located at 2275 LOGOS CT 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: Climate‑controlled warehouse with six 14’ automatic overhead doors.; Benefit from 3.0 acres of fully fenced yard space.; Two floors of modern executive office space with 19 private offices.
