Horizon Drive Office
For Sale
Contact for pricing
2793 Skyline Ct, Grand Junction, CO 81506
Updated office condo near amenities and transportation.
Property Size1,429 SF
Price / SF$262.42
Days on Market241
Property Features for 2793 Skyline Ct
General Information
Standard status
Active
Size
1,429 SF
Class
B
Property subtype
Office, Retail
Zoning
MU-2
Occupancy
100%
Lease Type
Modified Gross
Building Details
Year Built
2006
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Keller Williams Colorado West Realty LLC
Listed By:
Tina Hulihee · License #CO
(970) 201-0941
Source:
Crexi
Added: Feb 10
Changed: Aug 8
Last Checked: Jul 26 at 5:51AM
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 Keller Williams Colorado West Realty LLC
Investment Insights
Based on property information with market context.
This updated office condo is located in a prime location on Horizon Drive, near established professional businesses. The 1429-square-foot space features a welcoming lobby, multiple private offices, a conference room, a kitchenette, and two bathrooms. It is equipped with energy-efficient lighting, fiber internet, and a security system. The property is conveniently located near restaurants, hotels, the airport, and I-70, and is approximately 8 minutes from the hospital. The property is located at the end of the cul-de-sac, accessible from Horizon Drive by taking Horizon Court southeast and turning right onto Skyline Court. There is a tenant in place through August 31, 2026, and the lease is available upon request. Security cameras are installed on and around the property.
Key Highlights
- Prime Horizon Drive location near established professional businesses.
- Tenant in place through August 31, 2026, providing immediate income.
- Updated office condo with multiple private offices and a conference room.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,504
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,080
$270.1K
Cap Rate 7%
$192,914
$192.9K
Cap Rate 9%
$150,044
$150.0K
Market Conditions
NOI Build-Up for 1,429 SF
Gross rent
$25.7K $18.00/SF
− Vacancy
−$7.7K −$5.40/SF
EGI
$18.0K $12.60/SF
− OpEx
−$4.5K −$3.15/SF
NOI
$13.5K $9.45/SF
Area
Mesa County, CO
Vacancy
30.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,080
Cap Rate 7%
$192,914
Cap Rate 9%
$150,044
Alternative Uses
Best Use
Office B
$192.9K
$168.8K – $225.1K
NOI $13,504 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.71M
$2.37M – $3.16M
NOI $189,828 @ 7.0% cap · market cap 50.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 81506, CO
11,412
Population
5,737
Households
2
Avg Household Size
52
Median Age
43%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
477
Density / Sq Mi
$76,464
Median Household Income
$40,705
Median Earnings
$1,211
Median Rent
$428,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Updated office condo near amenities and transportation.
Where is this office units located?
The property is located at 2793 Skyline Ct Grand Junction, CO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime Horizon Drive location near established professional businesses.; Tenant in place through August 31, 2026, providing immediate income.; Updated office condo with multiple private offices and a conference room.
