Distribution Center with Cold
For Sale
$11,500,000
2530 High Country Court, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property Size42,280 SF
Lot Size4.04 Acres
Price / SF$271
Days on Market569
Property Features for 2530 High Country Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-1
Lot features
Adjacent To Public Land, Adjacent To Open Space, Cul De Sac
Directions
South on 25 Road. Continue over 25 Road onto Riverside Parkway. Head East roughly 1/4 mile and turn right on High Country Court.
Subdivision
Grand Junction City
Standard status
Active
Lot size
4.04 Acres
Taxes and HOA fees
Tax Annual Amount
68159
Amenities
reception area
private offices
conference room
hospitality suite
kitchenette
advanced alarm system
Listing Agency:
RE/MAX 4000, INC
(970) 241-4000
Listed By:
Chris Myers · License #2241
(970) 234-9819
Added: Mar 17, 2025
Changed: Oct 6
Last Checked: Oct 6 at 8:06AM
MLS# 20251104
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 42,280-square-foot distribution facility occupies 4.04 acres and includes 10,000 square feet of refrigerated space. Masonry construction and extensive updates complement a pull-through warehouse section with an integrated floor drain, four dock-high bays, and four overhead doors. Office areas include reception, six private offices, a conference room, and a hospitality suite with a kitchenette.
The site is positioned along Riverside Parkway and borders the Colorado Riverfront Trail. Paved parking includes 24 dedicated spaces as well as areas for tractor-trailers. Perimeter fencing, a wet sprinkler system, and an alarm system are also in place. The property is zoned I-1.
The site is positioned along Riverside Parkway and borders the Colorado Riverfront Trail. Paved parking includes 24 dedicated spaces as well as areas for tractor-trailers. Perimeter fencing, a wet sprinkler system, and an alarm system are also in place. The property is zoned I-1.
Key Highlights
- 42,280‑square‑foot facility on 4.04 acres
- 10,000 square feet of refrigerated and cold‑storage area
- Four dock‑high bays, four overhead doors, and a pull‑through warehouse section with floor drain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$395,311
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,906,220
$7.9M
Cap Rate 7%
$5,647,300
$5.6M
Cap Rate 9%
$4,392,344
$4.4M
Market Conditions
NOI Build-Up for 42,280 SF
Gross rent
$492.1K $11.64/SF
− Vacancy
−$27.1K −$0.64/SF
EGI
$465.1K $11.00/SF
− OpEx
−$69.8K −$1.65/SF
NOI
$395.3K $9.35/SF
Area
Mesa County, CO
Vacancy
5.50%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,906,220
Cap Rate 7%
$5,647,300
Cap Rate 9%
$4,392,344
Alternative Uses
Best Use
Warehouse
$5.65M
$4.94M – $6.59M
NOI $395,311 @ 7.0% cap · market cap 3.44%
Second Best
Industrial
$4.65M
$4.07M – $5.43M
NOI $325,550 @ 7.0% cap · market cap 2.83%
Theoretical Best
Healthcare Medical
$80.24M
$70.21M – $93.61M
NOI $5,616,475 @ 7.0% cap · market cap 48.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Dock-high doors
Yes
Sprinkler system
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 81501, CO
23,935
Population
11,524
Households
2.1
Avg Household Size
33
Median Age
27%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
2,751
Density / Sq Mi
$48,500
Median Household Income
$32,160
Median Earnings
$974
Median Rent
$283,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Distribution center - I-1-zoned facility combines warehouse operations with dedicated refrigeration and office space.
Where is this distribution center located?
The property is located at 2530 High Country Court Grand Junction, CO.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 42,280‑square‑foot facility on 4.04 acres; 10,000 square feet of refrigerated and cold‑storage area; Four dock‑high bays, four overhead doors, and a pull‑through warehouse section with floor drain
