Listing Agency: S.U.R.E., LLC Show Phone

Listed By: Katie Davis · License #FA.100094662 Show Phone

Added: Oct 13 Changed: Oct 14 Last Checked: Oct 14 at 9:06AM

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MLS# 20265111

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.

Investment Insights

Based on property information with market context.

This 3,040-square-foot flex property contains 1,114 square feet of office and retail area alongside 1,926 square feet of warehouse and shop space. The updated showroom and a separate restroom serve the front portion, while the work area includes concrete flooring, floor and pit drains, a private office, and a full bathroom with a shower. The building is climate controlled, and two overhead doors could be reinstalled to provide drive-in access. Commercial General (CG) zoning applies to the 0.143-acre parcel.

The paved site is less than a mile from 25 Road. Paved parking and building signage are also present.

Key Highlights

• 3,040 SF building on a 0.143‑acre paved lot
• 1,114 SF of office and retail space with updated showroom and separate bathroom
• 1,926 SF warehouse/shop area with concrete floors, floor and pit drains, private office, and full bathroom with shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,718

Cap Rate

4.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$634,360 $634.4K

Cap Rate 7%

$453,114 $453.1K

Cap Rate 9%

$352,422 $352.4K

Market Conditions

NOI Build-Up for 3,040 SF

Gross rent

$52.9K $17.40/SF

− Vacancy

−$4.1K −$1.35/SF

EGI

$48.8K $16.05/SF

− OpEx

−$17.1K −$5.62/SF

NOI

$31.7K $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%

$634,360

Cap Rate 7%

$453,114

Cap Rate 9%

$352,422

Alternative Uses

Best Use

Flex RnD

$453.1K

$396.5K – $528.6K (±1% cap)

NOI $31,718 @ 7.0% cap · market cap 4.26%

Second Best

Retail

$411.9K

$360.4K – $480.6K (±1% cap)

NOI $28,835 @ 7.0% cap · market cap 3.87%

Theoretical Best

Healthcare Medical

$5.77M

$5.05M – $6.73M (±1% cap)

NOI $403,834 @ 7.0% cap · market cap 54.21%

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 Parking Lot & Garage Barber Shop

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

Paved road access

Location Intelligence

Trade Area within ½ mile

1,632

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

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - A climate-controlled property combines customer-facing space with dedicated workshop and warehouse areas.

Where is this flex space located?

The property is located at 2509 1/2 Weslo Avenue Grand Junction, CO.

What is the asking price?

The asking price for this property is $745,000.

What are key features of this property?

This property features: 3,040 SF building on a 0.143‑acre paved lot; 1,114 SF of office and retail space with updated showroom and separate bathroom; 1,926 SF warehouse/shop area with concrete floors, floor and pit drains, private office, and full bathroom with shower