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 10:06AM

Report an Issue

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

Unlock full access to Insights Subscribe to Realmo Intelligence

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?

Similar For Sale Nearby

Fenced-Yard Flex Property

1133 N 23rd Street, Grand Junction, CO 81501

$680,000

View details

Industrial Flex Property with Shop Space

378 28 Road, Grand Junction, CO 81501

$750,000

2,720 SF

View details

Mixed-Use Property With Storage

2960 North Avenue, Grand Junction, CO 81504

$595,000

View details

Flex Space with Fenced Storage

2880 I-70 Business Loop, Grand Junction, CO 81501

$579,000

View details

Flex Space with Pull-Through Access

2513 Weslo Avenue, Grand Junction, CO 81505

$519,000

View details

Flex Space with Overhead Doors

2508 Weslo Avenue, Grand Junction, CO 81505

$695,000

View details

Renovated Retail Space

2493 Highway 6&50, Grand Junction, CO 81505

$750,000

View details

Sherwood Park Leased Units Building

403 Kennedy Ave, Grand Junction, CO 81501

$799,000

4,590 SF

View details

Prime Location Retail Opportunity

2814 North Avenue, Grand Junction, CO 81501

$650,000

4,800 SF

View details

Retail and Office Mixed-Use Building

575 25 Road, Grand Junction, CO 81505

$795,000

View details

Restaurant Building with Vacant Space

810 North Avenue, Grand Junction, CO 81501

$1,400,000

View details

Flex Space with Heated Warehouse

549 S 10th Street, Grand Junction, CO 81501

$622,222

View details

Similar Off Market Nearby

• Chef Michaels Signature Blends — 2536 Rimrock Ave, Grand Junction, CO 81505
• USCA Chef Association — 2536 Rimrock Ave, Grand Junction, CO 81505
• 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

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