Remodeled Flex Space with Loading
For Sale
$520,000
15757 57 1/2 Road, Collbran, CO 81624
COMMERCIAL, Collbran, CO
Property Size4,960 SF
Lot Size0.29 Acres
Price / SF$104.84
Days on Market123
Property Features for 15757 57 1/2 Road
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Directions
From Grand Junction, take I-70 East to exit 49, go 12 miles then turn left on Hwy 330 for about 8 miles. The shop is in Plateau City on right hand side.
Standard status
Active
Size
4,960 SF
Lot size
0.29 Acres
Amenities
break room
Building Details
Year built
1952
Listing Agency:
Real Colorado Properties
(970) 256-9700
Listed By:
Julie Piland · License #100044654
(970) 985-0913
Added: Jun 9
Changed: Aug 20
Last Checked: Oct 9 at 12:06PM
MLS# 833880
Copyright © 2026 Colorado Real Estate Network Inc. 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 4,960-square-foot flex property occupies 0.29 acres and was built in 1952. The remodeled building includes two insulated work bays with concrete floors, electrically operated overhead doors, 220 electrical service, an exterior loading dock, built-in shelving, counters, and a 5-ton overhead sliding hoist. Overhead heating units support the shop area, while a side entrance improves circulation.
A covered entry connects the shop to an office wing with three carpeted offices, office furniture, and a break room. The office area includes forced-air heat, air conditioning, and a mini-split system. Additional improvements include a private well, storage shed, and paved parking area. The property occupies the corner of Highway 330 and 57 1/2 Road in Collbran, with Powderhorn Mountain Resort, Vega State Park, and the Grand Mesa within the surrounding recreation corridor.
A covered entry connects the shop to an office wing with three carpeted offices, office furniture, and a break room. The office area includes forced-air heat, air conditioning, and a mini-split system. Additional improvements include a private well, storage shed, and paved parking area. The property occupies the corner of Highway 330 and 57 1/2 Road in Collbran, with Powderhorn Mountain Resort, Vega State Park, and the Grand Mesa within the surrounding recreation corridor.
Key Highlights
- 4,960‑square‑foot flex property on 0.29 acres
- Two insulated bays with concrete floors and electrically operated overhead doors
- 220 electrical service, exterior loading dock, and 5‑ton overhead sliding hoist
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,872
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,440
$937.4K
Cap Rate 7%
$669,600
$669.6K
Cap Rate 9%
$520,800
$520.8K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$89.3K $18.00/SF
− Vacancy
−$26.8K −$5.40/SF
EGI
$62.5K $12.60/SF
− OpEx
−$15.6K −$3.15/SF
NOI
$46.9K $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%
$937,440
Cap Rate 7%
$669,600
Cap Rate 9%
$520,800
Alternative Uses
Best Use
Flex RnD
$739.3K
$646.9K – $862.5K
NOI $51,750 @ 7.0% cap · market cap 9.95%
Second Best
Office B
$669.6K
$585.9K – $781.2K
NOI $46,872 @ 7.0% cap · market cap 9.01%
Theoretical Best
Healthcare Medical
$9.41M
$8.24M – $10.98M
NOI $658,886 @ 7.0% cap · market cap 126.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81624, CO
1,196
Population
803
Households
1.5
Avg Household Size
47
Median Age
21%
College-Educated
92%
High-School Grad
548.8 sq mi
ZIP Area
2
Density / Sq Mi
$89,900
Median Household Income
$31,382
Median Earnings
$1,563
Median Rent
$467,300
Median Home Value
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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?
Flex space - Remodeled commercial building combines insulated work bays with a separate office wing and paved parking.
Where is this flex space located?
The property is located at 15757 57 1/2 Road Collbran, CO.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 4,960‑square‑foot flex property on 0.29 acres; Two insulated bays with concrete floors and electrically operated overhead doors; 220 electrical service, exterior loading dock, and 5‑ton overhead sliding hoist
