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End-Cap Flex Industrial Condominium
New
For Sale
$247,800

2467 Industrial Boulevard #E-10, Grand Junction, CO 81505

Additional windows bring natural light to a configurable workspace with individual heating and 150-amp electrical service.

Property Size840 SF
Price / SF$295
Days on Market2

Property Features for 2467 Industrial Boulevard #E-10

General Information

Standard status Active
Size 840 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes
Power 150 amps

Amenities

community clubhouse
conference room
kitchenette
lounge area
bathrooms with showers
secure access
security cameras
wide paved drive aisles
RV dump station
vacuum station
air compressor station
fiber-optic internet availability
Listing Agency: REAL BROKER, LLC DBA REAL
Listed By: Serena Goering · License #2540
Source: Buygrandjunctionco
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 21 at 2:08AM

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 REAL BROKER, LLC DBA REAL

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Investment Insights

Based on property information with market context.

Unit E-10 is an 840-square-foot flex industrial condominium measuring 24' x 35'. Its end-cap position provides additional windows, while the unit also includes an oversized overhead garage door, LED lighting, a utility sink with hot and cold water, and 150-amp electrical service. Wall insulation is R21 and roof insulation is R39. Fiber-optic internet is available, and individual heating is provided. Offices, mezzanines, bathrooms, and other improvements may be added subject to applicable approvals.

The property is at 2467 Industrial Boulevard in Grand Junction, Colorado. Owners also have access to a shared clubhouse with an enclosed conference room, kitchenette, lounge, and two bathrooms with showers. Site features include secure access, 16 security cameras, paved drive aisles, an RV dump station, vacuum station, and air compressor station.

Key Highlights

  • 840‑square‑foot unit with 24' x 35' dimensions
  • End‑cap configuration with additional windows
  • 150‑amp electrical service, individual heating, and LED lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,764
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$175,280 $175.3K
Cap Rate 7%
$125,200 $125.2K
Cap Rate 9%
$97,378 $97.4K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$14.6K $17.40/SF
− Vacancy
−$1.1K −$1.35/SF
EGI
$13.5K $16.05/SF
− OpEx
−$4.7K −$5.62/SF
NOI
$8.8K $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%
$175,280
Cap Rate 7%
$125,200
Cap Rate 9%
$97,378

Alternative Uses

Best Use
Flex RnD
$125.2K
$109.6K – $146.1K (±1% cap)
NOI $8,764 @ 7.0% cap · market cap 3.54%
Second Best
Warehouse
$112.2K
$98.2K – $130.9K (±1% cap)
NOI $7,854 @ 7.0% cap · market cap 3.17%
Theoretical Best
Healthcare Medical
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,586 @ 7.0% cap · market cap 45.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Locksmith Tanning Salon Garden Center

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,595
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Chef Michaels Signature Blends — 2536 Rimrock Ave, Grand Junction, CO 81505
  • USCA Chef Association — 2536 Rimrock Ave, Grand Junction, CO 81505
  • Practical Smokers BBQ, Catering, and more... — 596 N Commercial Dr, Grand Junction, CO 81505
  • Alarado Biscuit Company — W We are outside at food court entrance between Dillards and Dick’s Sporting Goods, 2422 US-6, Grand

Frequently Asked Questions

What type of property is this?
Flex space - Additional windows bring natural light to a configurable workspace with individual heating and 150-amp electrical service.
Where is this flex space located?
The property is located at 2467 Industrial Boulevard #E-10 Grand Junction, CO.
What is the asking price?
The asking price for this property is $247,800.
What are key features of this property?
This property features: 840‑square‑foot unit with 24' x 35' dimensions; End‑cap configuration with additional windows; 150‑amp electrical service, individual heating, and LED lighting
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