Warehouse with Overhead
For Sale
$249,900
2477 Commerce Boulevard Unit C&D, Grand Junction, CO 81505
The combined space includes 220 service and on-site off-street parking.
Property Size1,872 SF
Price / SF$133.49
Days on Market214
Property Features for 2477 Commerce Boulevard Unit C&D
General Information
Standard status
Active
Size
1,872 SF
Property subtype
Building
Warehouse & Industrial
Warehouse Space
1,872 SF
Voltage
220 V
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$3,300
Amenities
220 service
two 10' overhead doors
Listing Agency:
RE/MAX 4000, INC
Listed By:
BRANDON PALMER · License #FA100044031
(970) 712-6868
Source:
Thevangundygroup
Added: Apr 3
Changed: Nov 1
Last Checked: Nov 1 at 3:24PM
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 RE/MAX 4000, INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Units C and D are joined as a warehouse-only space measuring 48 feet by 39 feet. The space has 220 service and two overhead doors, each 10 feet tall. More than 12 off-street parking spaces serve the property.
Key Highlights
- Combined Units C and D offer 48' x 39' of warehouse‑only space
- Two 10' overhead doors
- 220 service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,756
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,120
$355.1K
Cap Rate 7%
$253,657
$253.7K
Cap Rate 9%
$197,289
$197.3K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$27.0K $14.40/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$25.4K $13.55/SF
− OpEx
−$7.6K −$4.07/SF
NOI
$17.8K $9.49/SF
Area
Mesa County, CO
Vacancy
5.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,120
Cap Rate 7%
$253,657
Cap Rate 9%
$197,289
Alternative Uses
Best Use
Retail
$253.7K
$222.0K – $295.9K
NOI $17,756 @ 7.0% cap · market cap 7.11%
Second Best
Warehouse
$250.0K
$218.8K – $291.7K
NOI $17,503 @ 7.0% cap · market cap 7.00%
Theoretical Best
Healthcare Medical
$3.55M
$3.11M – $4.14M
NOI $248,676 @ 7.0% cap · market cap 99.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,658
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
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Hill and Homes Storage - Big O — 2462 US-6 And 50, Grand Junction, CO 81505
- Colorado Storage Rental & Sales — 2525 W Pinyon Ave, Grand Junction, CO 81505
- Industrial Boulevard Storage — 2476 Industrial Blvd, Grand Junction, CO 81505
- Mountain Storage — 2492 Commerce Blvd, Grand Junction, CO 81505
- HICO Storage — 2487 Commerce Blvd, Grand Junction, CO 81505
Frequently Asked Questions
What type of property is this?
Warehouse - The combined space includes 220 service and on-site off-street parking.
Where is this warehouse located?
The property is located at 2477 Commerce Boulevard Unit C&D Grand Junction, CO.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Combined Units C and D offer 48' x 39' of warehouse‑only space; Two 10' overhead doors; 220 service
