Freestanding Flex Space with
New
For Sale
Contact for pricing
810 E Grand Avenue, Fruita, CO 81521
Mixed-use zoning, office support space, and a secured gravel yard complement the industrial workspace.
Property Size2,700 SF
Price / SF$175.93
Days on Market5
Property Features for 810 E Grand Avenue
General Information
Standard status
Active
Size
2,700 SF
Total Parking Spaces
12
Property subtype
Industrial
Zoning
Mixed use
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Three-Phase Power
Yes
Building Details
Year Built
1978
Year Renovated
2025
Stories
1
Building Size
2,700 SF
Listing Agency:
Venture Group
(970) 201-1849
Listed By:
Theresa Englbrecht · License #CO FA100006764
Source:
Crexi
Added: Aug 7
Changed: Aug 11
Last Checked: Aug 11 at 7:41AM
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 Venture Group
Investment Insights
Based on property information with market context.
This freestanding flex property provides 2,700 SF of industrial workspace with 3-phase electrical service and multiple 220V outlets. The building also includes a remodeled office, restroom, and two swamp coolers. A fenced gravel yard adds secured exterior area for operations, storage, or equipment staging.
Constructed in 1978, the property is located at 810 E Grand Avenue in Fruita, Colorado. Mixed-use zoning provides the recorded land-use framework for the site and may support additional possibilities subject to applicable requirements. The combination of industrial utility, office space, cooling equipment, and an enclosed yard creates a functional configuration for a range of commercial applications.
Constructed in 1978, the property is located at 810 E Grand Avenue in Fruita, Colorado. Mixed-use zoning provides the recorded land-use framework for the site and may support additional possibilities subject to applicable requirements. The combination of industrial utility, office space, cooling equipment, and an enclosed yard creates a functional configuration for a range of commercial applications.
Key Highlights
- 2,700 SF freestanding flex property
- 3‑phase power with multiple 220V outlets
- Remodeled small office and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,170
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$563,400
$563.4K
Cap Rate 7%
$402,429
$402.4K
Cap Rate 9%
$313,000
$313.0K
Market Conditions
NOI Build-Up for 2,700 SF
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.
Gross rent
$47.0K $17.40/SF
− Vacancy
−$3.6K −$1.35/SF
EGI
$43.3K $16.05/SF
− OpEx
−$15.2K −$5.62/SF
NOI
$28.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$563,400
Cap Rate 7%
$402,429
Cap Rate 9%
$313,000
Alternative Uses
Best Use
Flex RnD
$402.4K
$352.1K – $469.5K
NOI $28,170 @ 7.0% cap · market cap 5.93%
Second Best
Industrial
$297.0K
$259.9K – $346.5K
NOI $20,790 @ 7.0% cap · market cap 4.38%
Theoretical Best
Healthcare Medical
$5.12M
$4.48M – $5.98M
NOI $358,668 @ 7.0% cap · market cap 75.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81521, CO
16,446
Population
6,531
Households
2.5
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
181.6 sq mi
ZIP Area
91
Density / Sq Mi
$82,632
Median Household Income
$41,801
Median Earnings
$1,249
Median Rent
$385,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Pronto Bronto — 123 N Peach St, Fruita, CO 81521
Frequently Asked Questions
What type of property is this?
Flex space - Mixed-use zoning, office support space, and a secured gravel yard complement the industrial workspace.
Where is this flex space located?
The property is located at 810 E Grand Avenue Fruita, CO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,700 SF freestanding flex property; 3‑phase power with multiple 220V outlets; Remodeled small office and restroom
