Flex Space with Heated
For Sale
$622,222
549 S 10th Street, Grand Junction, CO 81501
CommercialSale, Grand Junction, CO
Property Size6,500 SF
Price / SF$95.73
Days on Market244
Property Features for 549 S 10th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-1
Lot features
Irregular Lot
Directions
Take I-70 Business loop east to Pitkin Avenue, continue to head east until 10th Street. Turn right (south) on S 10th Street. Building is at the end of S 10th Street.
Subdivision
Grand Junction City
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
13255
Amenities
solar panels
conference & reception spaces
Listing Agency:
THE AGENCY GRAND JUNCTION
(970) 236-3636
Listed By:
Jan Kimbrough Miller - The Kimbrough Team · License #100013124
(970) 250-6781
Added: Feb 4
Changed: Sep 10
Last Checked: Oct 6 at 4:06PM
MLS# 20260493
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 6,500-square-foot flex property combines approximately 2,500 square feet of finished office area with a 4,000-square-foot heated warehouse. The office component includes seven main-level offices, conference and reception areas, central air, two office restrooms, and a partially finished mezzanine that is not included in the stated square footage. The warehouse has three overhead doors and a separate shop restroom.
The building can be configured for up to three separate units, with individual entrances and dedicated gas and electric meters; demising work is required. Additional site features include a fenced yard, 10 off-street parking spaces, and owned solar panels. The property is adjacent to the railroad without a spur and provides immediate access to I-70B and Hwy 50.
The building can be configured for up to three separate units, with individual entrances and dedicated gas and electric meters; demising work is required. Additional site features include a fenced yard, 10 off-street parking spaces, and owned solar panels. The property is adjacent to the railroad without a spur and provides immediate access to I-70B and Hwy 50.
Key Highlights
- 6,500 SF total with approximately 2,500 SF of finished office and 4,000 SF of heated warehouse
- Configuration supports up to 3 units with separate entrances and individual gas and electric meters; demising needed
- Warehouse includes 3 overhead doors and a shop restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,049
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,980
$1.0M
Cap Rate 7%
$714,986
$715.0K
Cap Rate 9%
$556,100
$556.1K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$75.7K $11.64/SF
− Vacancy
−$4.2K −$0.64/SF
EGI
$71.5K $11.00/SF
− OpEx
−$21.4K −$3.30/SF
NOI
$50.0K $7.70/SF
Area
Mesa County, CO
Vacancy
5.50%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,980
Cap Rate 7%
$714,986
Cap Rate 9%
$556,100
Alternative Uses
Best Use
Flex RnD
$968.8K
$847.7K – $1.13M
NOI $67,818 @ 7.0% cap · market cap 10.90%
Second Best
Office B
$877.5K
$767.8K – $1.02M
NOI $61,425 @ 7.0% cap · market cap 9.87%
Theoretical Best
Healthcare Medical
$12.34M
$10.79M – $14.39M
NOI $863,460 @ 7.0% cap · market cap 138.77%
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
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,090
Businesses Nearby
Balanced
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Colorado Q — 449 Main St, Grand Junction, CO 81501
- That's Legit! Catering Services — 742 Grand Ave, Grand Junction, CO 81501
- Lucky Thai LLC — 310 N 7th St, Grand Junction, CO 81501
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility combining finished offices, warehouse space, secured outdoor storage, and multiple access points.
Where is this flex space located?
The property is located at 549 S 10th Street Grand Junction, CO.
What is the asking price?
The asking price for this property is $622,222.
What are key features of this property?
This property features: 6,500 SF total with approximately 2,500 SF of finished office and 4,000 SF of heated warehouse; Configuration supports up to 3 units with separate entrances and individual gas and electric meters; demising needed; Warehouse includes 3 overhead doors and a shop restroom
