Two-Story Warehouse With Service
For Sale
$1,500,000
688 45 Road, De Beque, CO 81630
CommercialSale, De Beque, CO
Property Size9,780 SF
Price / SF$153.37
Days on Market107
Property Features for 688 45 Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Lot features
Irregular Lot
Directions
I-70, exit 62, north on Roan Creek Road that turns into 45 Road. Property is located 0.81 miles from I-70. East side of 45 Road
Subdivision
Debeque
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
11885
Amenities
breakroom
conference room
vehicle service pit
showers
air lines
Listing Agency:
S.U.R.E., LLC
(970) 300-5857
Listed By:
Katie Davis · License #FA.100094662
(970) 778-5083
Added: Jun 25
Changed: Oct 8
Last Checked: Oct 9 at 5:06PM
MLS# 20263046
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 two-story warehouse contains 9,780 square feet on a 5.71-acre property, with five offices, a conference room, breakroom, IT room, restrooms, showers, and climate-controlled warehouse space. The facility has ten 14-foot automatic overhead doors, including four drive-through doors. Air lines are installed at each bay, while a vehicle service pit, oil pumping equipment, floor drain, storage closet, and additional bathroom support operational use.
An automatic security fence encloses the property. Electrical service includes three-phase configurations at 225 and 480, supporting a range of industrial equipment; the prior owner operated welders onsite. A tenant is in place under lease terms that include a 3% annual escalation, tenant responsibility for utilities, shared responsibility for certain repairs and maintenance and insurance, and a renewal option for an additional two-year term. The stated cap rate is 6.8%.
An automatic security fence encloses the property. Electrical service includes three-phase configurations at 225 and 480, supporting a range of industrial equipment; the prior owner operated welders onsite. A tenant is in place under lease terms that include a 3% annual escalation, tenant responsibility for utilities, shared responsibility for certain repairs and maintenance and insurance, and a renewal option for an additional two-year term. The stated cap rate is 6.8%.
Key Highlights
- 9,780 square feet on a 5.71‑acre property
- 10 automatic 14' overhead doors, including 4 drive‑through doors
- Five offices, conference room, breakroom, IT room, and 4 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,039
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,040,780
$2.0M
Cap Rate 7%
$1,457,700
$1.5M
Cap Rate 9%
$1,133,767
$1.1M
Market Conditions
NOI Build-Up for 9,780 SF
Gross rent
$170.2K $17.40/SF
− Vacancy
−$13.2K −$1.35/SF
EGI
$157.0K $16.05/SF
− OpEx
−$54.9K −$5.62/SF
NOI
$102.0K $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%
$2,040,780
Cap Rate 7%
$1,457,700
Cap Rate 9%
$1,133,767
Alternative Uses
Best Use
Flex RnD
$1.46M
$1.28M – $1.70M
NOI $102,039 @ 7.0% cap · market cap 6.80%
Second Best
Retail
$1.33M
$1.16M – $1.55M
NOI $92,766 @ 7.0% cap · market cap 6.18%
Theoretical Best
Healthcare Medical
$18.56M
$16.24M – $21.65M
NOI $1,299,175 @ 7.0% cap · market cap 86.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81630, CO
1,019
Population
437
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
91%
High-School Grad
1,256.6 sq mi
ZIP Area
1
Density / Sq Mi
$72,344
Median Household Income
$43,750
Median Earnings
$1,275
Median Rent
$276,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Debeque Self Storage — 264 Minter Ave, De Beque, CO 81630
Frequently Asked Questions
What type of property is this?
Warehouse - Leased warehouse with controlled access, multiple power configurations, drive-through bays, and built-in vehicle servicing capabilities.
Where is this warehouse located?
The property is located at 688 45 Road De Beque, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,780 square feet on a 5.71‑acre property; 10 automatic 14' overhead doors, including 4 drive‑through doors; Five offices, conference room, breakroom, IT room, and 4 bathrooms
