Flex Space with Fenced
For Sale
$579,000
2880 I-70 Business Loop, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property Size2,960 SF
Price / SF$195.61
Days on Market190
Property Features for 2880 I-70 Business Loop
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Lot features
Corner Lot
Directions
Corner of Melody Lane and I-70B Frontage Road (1 Block west of 29 Road)
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
8428
Listing Agency:
HOMESMART REALTY PARTNERS · HomeSmart International
(970) 644-5002
Listed By:
Jonilyn Berry
(970) 250-6141
Added: Apr 3
Changed: Oct 3
Last Checked: Oct 9 at 10:06PM
MLS# 20261504
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 I-1-zoned flex property includes a 2,960-square-foot building arranged with shop, office, and showroom areas. Two overhead doors support practical access to the building. The offering also includes a fenced storage lot measuring 0.25 acres on its own parcel, with the property comprising two parcels in total.
The site is positioned west of 29 Road and north of the I-70 Business Loop in Grand Junction, providing a location suited to a combination of workspace, customer-facing area, and outdoor storage.
The site is positioned west of 29 Road and north of the I-70 Business Loop in Grand Junction, providing a location suited to a combination of workspace, customer-facing area, and outdoor storage.
Key Highlights
- 2,960‑square‑foot building with shop, office, and showroom areas
- Two overhead doors provide building access
- 0.25‑acre fenced storage lot on a separate parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,883
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,660
$617.7K
Cap Rate 7%
$441,186
$441.2K
Cap Rate 9%
$343,144
$343.1K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$51.5K $17.40/SF
− Vacancy
−$4.0K −$1.35/SF
EGI
$47.5K $16.05/SF
− OpEx
−$16.6K −$5.62/SF
NOI
$30.9K $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%
$617,660
Cap Rate 7%
$441,186
Cap Rate 9%
$343,144
Alternative Uses
Best Use
Flex RnD
$441.2K
$386.0K – $514.7K
NOI $30,883 @ 7.0% cap · market cap 5.33%
Second Best
Warehouse
$395.4K
$345.9K – $461.3K
NOI $27,675 @ 7.0% cap · market cap 4.78%
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 authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned property combines showroom, office, shop, overhead-door access, and a separately parceled storage area.
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‑square‑foot building with shop, office, and showroom areas; Two overhead doors provide building access; 0.25‑acre fenced storage lot on a separate parcel
