Flex Space with Two Overhead
For Sale
Contact for pricing
539 32 Rd, Grand Junction, CO 81504
Flex space featuring two 14’ overhead doors, an 800+ SF mezzanine, and a secure fenced yard.
Property Size3,600 SF
Price / SF$118.06
Days on Market431
Property Features for 539 32 Rd
General Information
Standard status
Active
Size
3,600 SF
Property subtype
OFFICE
Net Operating Income
$33,400
Warehouse & Industrial
Mezzanine
800 SF
Drive-In Doors
2
Additional Details
Cap Rate
7.9%
Fenced Yard
Yes
Listing Agency:
Bray Commercial Real Estate
(970) 986-0446
Listed By:
Brian Bray · License #FA40038007
(970) 986-0446
Source:
Moodyscre
Added: May 28, 2025
Changed: Jul 30
Last Checked: Jul 31 at 11:37AM
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 Bray Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex space office/warehouse totals 3,600 SF and is currently occupied by a tenant that has been in place for many years. The building is supported by two 14’ overhead doors for loading and delivery, plus an 800+ SF mezzanine that adds practical storage and workflow flexibility. A secure fenced yard is included for additional outdoor workspace or vehicle storage.
From an investment perspective, the property is presented with a 7.9% cap rate. The combination of office/warehouse layout, dock-style access via overhead doors, and on-site outdoor storage supports a range of industrial or service-based tenant needs.
From an investment perspective, the property is presented with a 7.9% cap rate. The combination of office/warehouse layout, dock-style access via overhead doors, and on-site outdoor storage supports a range of industrial or service-based tenant needs.
Key Highlights
- 3,600 SF office/warehouse flex space
- Two 14’ overhead doors for loading and deliveries
- 800+ SF mezzanine for storage and space flexibility
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 | $62.6k | $17.40 |
| − Vacancy | −$4.9k | −$1.35 |
| EGI | $57.8k | $16.05 |
| − OpEx | −$20.2k | −$5.62 |
| NOI | $37.6k | $10.43 |
3,600 SF · lease $17.40/SF/yr · vacancy 7.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$536.6K
$469.5K – $626.0K
NOI $37,561 @ 7.0% cap · market cap 8.84%
Second Best
Warehouse
$480.8K
$420.7K – $561.0K
NOI $33,659 @ 7.0% cap · market cap 7.92%
Theoretical Best
Healthcare Medical
$6.83M
$5.98M – $7.97M
NOI $478,224 @ 7.0% cap · market cap 112.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81504, CO
31,150
Population
13,042
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
1,158
Density / Sq Mi
$67,907
Median Household Income
$40,402
Median Earnings
$1,414
Median Rent
$290,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space featuring two 14’ overhead doors, an 800+ SF mezzanine, and a secure fenced yard.
Where is this flex space located?
The property is located at 539 32 Rd Grand Junction, CO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,600 SF office/warehouse flex space; Two 14’ overhead doors for loading and deliveries; 800+ SF mezzanine for storage and space flexibility
