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Flex Space with Truck Access
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2508 Weslo Ave, Grand Junction, CO 81505

General Commercial zoning supports a combined office and warehouse configuration with convenient truck access.

Property Size3,570 SF
Price / SF$194.68
Days on Market53

Property Features for 2508 Weslo Ave

General Information

Standard status Active
Size 3,570 SF
Property subtype Office, Industrial
Zoning General Commercial

Warehouse & Industrial

Power 200 amps
Three-Phase Power Yes

Additional Details

Utilities to Site Yes
Listing Agency: The Christi Reece Group
Listed By: Mike Park · License #CO 100028342
Source: Crexi
Added: Aug 23 Changed: Oct 7 Last Checked: Oct 12 at 9:01PM

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 The Christi Reece Group

Investment Insights

Based on property information with market context.

Located at 2508 Weslo Ave in Grand Junction, the 3,570 sq. ft. flex property combines office and warehouse areas within a General Commercial zoning designation. Building infrastructure includes 3-Phase 200 Amp service, two 10’ overhead doors, and off-street parking.

The property sits along a busy corridor with truck access and is centrally located in Grand Junction. Its configuration and equipment support potential applications including auto-oriented retail, wholesale, warehousing, construction services, equipment rental, repair services, and light industrial or manufacturing operations.

Key Highlights

  • 3,570 sq. ft. office and warehouse property
  • 3‑Phase 200 Amp electrical service
  • Two 10’ overhead doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,248
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,960 $745.0K
Cap Rate 7%
$532,114 $532.1K
Cap Rate 9%
$413,867 $413.9K
Market Conditions
NOI Build-Up for 3,570 SF
Gross rent
$62.1K $17.40/SF
− Vacancy
−$4.8K −$1.35/SF
EGI
$57.3K $16.05/SF
− OpEx
−$20.1K −$5.62/SF
NOI
$37.2K $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%
$744,960
Cap Rate 7%
$532,114
Cap Rate 9%
$413,867

Alternative Uses

Best Use
Flex RnD
$532.1K
$465.6K – $620.8K (±1% cap)
NOI $37,248 @ 7.0% cap · market cap 5.36%
Second Best
Office B
$482.0K
$421.7K – $562.3K (±1% cap)
NOI $33,737 @ 7.0% cap · market cap 4.85%
Theoretical Best
Healthcare Medical
$6.77M
$5.93M – $7.90M (±1% cap)
NOI $474,239 @ 7.0% cap · market cap 68.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Hotel & Motel

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

1,632
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - General Commercial zoning supports a combined office and warehouse configuration with convenient truck access.
Where is this flex space located?
The property is located at 2508 Weslo Ave Grand Junction, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,570 sq. ft. office and warehouse property; 3‑Phase 200 Amp electrical service; Two 10’ overhead doors
(970) 208-3853 Call to check price and availability
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