Office/Warehouse Flex
For Sale
Contact for pricing
2530 E Foresight Cir, Grand Junction, CO 81505
Flex office and warehouse building with three overhead doors and a large yard on 4.6 acres zoned I-1.
Property Size34,185 SF
Lot Size4.60 Acres
Price / SF$140.41
Days on Market193
Property Features for 2530 E Foresight Cir
General Information
Standard status
Active
Size
34,185 SF
Lot size
4.60 Acres
Property subtype
INDUSTRIAL
Zoning
I-1
Additional Details
Outdoor Storage
Yes
Building Details
Stories
2
Listing Agency:
Coldwell Banker Commercial - Prime Properties
(970) 243-7375
Listed By:
Mike Foster · License #IA40011873
(970) 433-8374
Source:
Moodyscre
Added: Apr 23
Changed: Oct 25
Last Checked: Nov 1 at 5:54AM
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
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Investment Insights
Based on property information with market context.
This flex office/warehouse property includes 5,135 square feet of office space distributed across both the main and second levels, along with 29,050 square feet of warehouse space. The warehouse is served by three overhead doors, supporting practical loading and operations. The site includes a large yard on 4.6 acres.
The property is located within Foresight Manufacturing Park in North Grand Junction, at 2530 E Foresight Cir, Grand Junction, CO 81505. The site is zoned I-1.
The overall configuration supports a combined work-and-storage use, with office space positioned on two levels and the majority of building area dedicated to warehouse operations.
The property is located within Foresight Manufacturing Park in North Grand Junction, at 2530 E Foresight Cir, Grand Junction, CO 81505. The site is zoned I-1.
The overall configuration supports a combined work-and-storage use, with office space positioned on two levels and the majority of building area dedicated to warehouse operations.
Key Highlights
- 34,000+ SF office/warehouse building in Foresight Manufacturing Park in North Grand Junction
- 5,135 SF office space on both main and second levels
- 29,050 SF total warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$356,668
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,133,360
$7.1M
Cap Rate 7%
$5,095,257
$5.1M
Cap Rate 9%
$3,962,978
$4.0M
Market Conditions
NOI Build-Up for 34,185 SF
Gross rent
$594.8K $17.40/SF
− Vacancy
−$46.1K −$1.35/SF
EGI
$548.7K $16.05/SF
− OpEx
−$192.1K −$5.62/SF
NOI
$356.7K $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%
$7,133,360
Cap Rate 7%
$5,095,257
Cap Rate 9%
$3,962,978
Alternative Uses
Best Use
Flex RnD
$5.10M
$4.46M – $5.94M
NOI $356,668 @ 7.0% cap · market cap 7.43%
Second Best
Office B
$4.61M
$4.04M – $5.38M
NOI $323,048 @ 7.0% cap · market cap 6.73%
Theoretical Best
Healthcare Medical
$64.87M
$56.76M – $75.69M
NOI $4,541,135 @ 7.0% cap · market cap 94.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,143
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Eglantine Catering — 104 Orchard Ave, Grand Junction, CO 81501
- Practical Smokers BBQ, Catering, and more... — 596 N Commercial Dr, Grand Junction, CO 81505
- Willy's Wild Carvings — 2400 Consistory Ct, Grand Junction, CO 81501
Frequently Asked Questions
What type of property is this?
Flex space - Flex office and warehouse building with three overhead doors and a large yard on 4.6 acres zoned I-1.
Where is this flex space located?
The property is located at 2530 E Foresight Cir Grand Junction, CO.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 34,000+ SF office/warehouse building in Foresight Manufacturing Park in North Grand Junction; 5,135 SF office space on both main and second levels; 29,050 SF total warehouse space
