Flex Space with
2477 Commerce Boulevard Unit F Grand Junction, CO 81505
For Sale
Contact for pricing
Flex space with office, kitchenette, restroom, and warehouse.
Property Size961 SF
Price / SF$196.67
Days on Market75
Property Features for 2477 Commerce Boulevard Unit F
General Information
- Standard status
- Active
- Size
- 961 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing Agency:
Coldwell Banker Commercial Prime Properties
(970) 244-6602
Listed By:
Mike Foster · License #CO IA40011873
Source:
Crexi
Added: May 13
Changed: Jul 10
Last Checked: Jul 25 at 8:13AM
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 Coldwell Banker Commercial Prime Properties
Investment Insights
Based on property information with market context.
This property features a front office area, a back kitchenette, and a restroom. It also includes a separate warehouse with a 10-foot overhead door. The property offers 961 square feet of space and is suitable for commercial real estate purposes, including flex space, industrial properties, office units, office spaces, warehouses, and other warehouse uses.
Key Highlights
- Warehouse with 10' OH door
- Front office area
- Kitchenette
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.7k | $17.40 |
| − Vacancy | −$1.3k | −$1.35 |
| EGI | $15.4k | $16.05 |
| − OpEx | −$5.4k | −$5.62 |
| NOI | $10.0k | $10.43 |
961 SF · lease $17.40/SF/yr · vacancy 7.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$143.2K
$125.3K – $167.1K
NOI $10,027 @ 7.0% cap · market cap 5.31%
Second Best
Office B
$129.7K
$113.5K – $151.4K
NOI $9,081 @ 7.0% cap · market cap 4.80%
Theoretical Best
Healthcare Medical
$1.82M
$1.60M – $2.13M
NOI $127,659 @ 7.0% cap · market cap 67.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
RL Drum Studio
Vocational School
Target Marketing Worx
Advertising Agency
RADO LIFE
Wellness Program
Similar Off Market Nearby
- 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
FAQs
What type of property is this?
Flex space - Flex space with office, kitchenette, restroom, and warehouse.
Where is this flex space located?
The property is located at 2477 Commerce Boulevard Unit F Grand Junction, CO.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Warehouse with **10' OH door**; Front office area; Kitchenette