Flex Space with Oversized Overhead
New
For Sale
$537,600
2467 Industrial Boulevard, Grand Junction, CO 81505
CommercialSale, Grand Junction, CO
Property Size1,920 SF
Price / SF$280
Days on Market2
Property Features for 2467 Industrial Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
CG
Directions
From 6&50, go north on 24 1/2 Rd, east on Industrial Blvd, property is halfway down on the south side of the street.
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
15743
Amenities
secure access
security cameras
RV dump station
air compressor station
vacuum station
community clubhouse
Listing Agency:
REAL BROKER, LLC DBA REAL
(720) 519-3913
Listed By:
Serena Goering
(970) 640-1171
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 20 at 9:06AM
MLS# 20265184
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.
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Investment Insights
Based on property information with market context.
Unit A11 is a 1,920-square-foot flex space measuring 32 by 60 feet, with a 14-foot-tall by 20-foot-wide overhead door. Building features include insulated walls and ceilings, individual heat, LED lighting, 150-amp electrical service, and a utility sink with hot and cold water. Fiber-optic internet is available. Office space, a mezzanine, and additional plumbing are among the improvements that may be added, subject to applicable approvals.
The property is at 2467 Industrial Boulevard in Grand Junction, just east of Mesa Mall. Shared development amenities include controlled access, security cameras, paved drive aisles, an RV dump station, air compressor and vacuum stations, and a clubhouse.
The unit may be combined with a neighboring space, with connecting doors subject to approvals. Business use is subject to applicable zoning and HOA guidelines.
The property is at 2467 Industrial Boulevard in Grand Junction, just east of Mesa Mall. Shared development amenities include controlled access, security cameras, paved drive aisles, an RV dump station, air compressor and vacuum stations, and a clubhouse.
The unit may be combined with a neighboring space, with connecting doors subject to approvals. Business use is subject to applicable zoning and HOA guidelines.
Key Highlights
- 1,920 square feet; unit dimensions are 32' x 60'
- 14' tall x 20' wide overhead garage door
- 150‑amp electrical service, individual heating, and LED lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,032
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,640
$400.6K
Cap Rate 7%
$286,171
$286.2K
Cap Rate 9%
$222,578
$222.6K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$33.4K $17.40/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$30.8K $16.05/SF
− OpEx
−$10.8K −$5.62/SF
NOI
$20.0K $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%
$400,640
Cap Rate 7%
$286,171
Cap Rate 9%
$222,578
Alternative Uses
Best Use
Flex RnD
$286.2K
$250.4K – $333.9K
NOI $20,032 @ 7.0% cap · market cap 3.73%
Second Best
Warehouse
$256.5K
$224.4K – $299.2K
NOI $17,952 @ 7.0% cap · market cap 3.34%
Theoretical Best
Healthcare Medical
$3.64M
$3.19M – $4.25M
NOI $255,053 @ 7.0% cap · market cap 47.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,595
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Individual heat, insulated walls and ceilings, and 150-amp electrical service support a range of workspace configurations.
Where is this flex space located?
The property is located at 2467 Industrial Boulevard Grand Junction, CO.
What is the asking price?
The asking price for this property is $537,600.
What are key features of this property?
This property features: 1,920 square feet; unit dimensions are 32' x 60'; 14' tall x 20' wide overhead garage door; 150‑amp electrical service, individual heating, and LED lighting
