Industrial Flex Building with
2880 I-70 Business Loop Grand Junction, CO 81501
2880 I-70 Business Loop, Grand Junction, CO, 81501
$579,000
For Sale
$579,000
Flex building with shop, office, and showroom space plus two overhead doors and a fenced storage lot.
Property Size2,960 SF
Price / SF$195.61
Days on Market111
Property Features for 2880 I-70 Business Loop
General Information
- Standard status
- Active
- Size
- 2,960 SF
Listing agency
HOMESMART REALTY PARTNERS
(970) 250-6141
Listed by
JONILYN BERRY
(970) 250-6141
Source
Exprealty
Added: Apr 3 Updated: Jul 22 at 5:07PM Checked: Jul 22 at 5:07PM
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 HOMESMART REALTY PARTNERS
Investment Insights
Based on property information with market context.
This property includes a 2,960-square-foot building with shop, office, and showroom area, designed for combined light industrial and customer-facing use. Two overhead doors provide convenient loading and service access. The site also includes a back fenced storage lot on a separate parcel, spanning a quarter-acre.
The property is located just west of 29 Road and north of the I-70 Business Loop, offering straightforward visibility from the surrounding roadway network. It consists of two parcels total and is zoned I-1.
With both overhead door access and a dedicated fenced storage area, the configuration supports on-site operations while keeping storage separate from the building’s interior work and showroom space.
The property is located just west of 29 Road and north of the I-70 Business Loop, offering straightforward visibility from the surrounding roadway network. It consists of two parcels total and is zoned I-1.
With both overhead door access and a dedicated fenced storage area, the configuration supports on-site operations while keeping storage separate from the building’s interior work and showroom space.
Key Highlights
- 2,960 SF flex building with shop, office, and showroom space
- Two overhead doors for easy access
- Back fenced storage lot on a separate parcel totaling 1/4 acre
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $17.40 |
| − Vacancy | −$4.0k | −$1.35 |
| EGI | $47.5k | $16.05 |
| − OpEx | −$16.6k | −$5.62 |
| NOI | $30.9k | $10.43 |
2,960 SF · lease $17.40/SF/yr · vacancy 7.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$441.2K
$386.0K – $514.7K
NOI $30,883 @ 7.0% cap · market cap 5.33%
Second Best
Retail
$401.1K
$351.0K – $467.9K
NOI $28,076 @ 7.0% cap · market cap 4.85%
Theoretical Best
Healthcare Medical
$5.62M
$4.92M – $6.55M
NOI $393,206 @ 7.0% cap · market cap 67.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex building with shop, office, and showroom space plus two overhead doors and a fenced storage lot.
Where is this flex space located?
The property is located at 2880 I-70 Business Loop Grand Junction, CO.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2,960 SF flex building with shop, office, and showroom space; Two overhead doors for easy access; Back fenced storage lot on a separate parcel totaling 1/4 acre
