Freestanding Flex Space With Fenced
For Sale
$475,000
810 E Grand Avenue, Fruita, CO 81521
CommercialSale, Fruita, CO
Property Size2,700 SF
Price / SF$175.93
Days on Market15
Property Features for 810 E Grand Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
mixed use
Directions
Fruita highway 6 and 50 to E Grand Ave
Subdivision
Fruita
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
6709
Listing Agency:
VENTURE GROUP
(970) 892-2200
Listed By:
Theresa Englbrecht · License #FA100006764
(970) 201-1849
Added: Aug 6
Changed: Aug 20
Last Checked: Aug 20 at 11:06AM
MLS# 20263880
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 freestanding flex space in Fruita provides 2,700 SF of industrial workspace with three-phase electrical service and multiple 220V outlets. The layout includes a remodeled office, restroom, and two swamp coolers. A fenced gravel yard adds outdoor utility to the property.
Located at 810 E Grand Avenue in Fruita, the property carries mixed-use zoning that may support multifamily or other possibilities, subject to confirmation. The combination of shop space, office improvements, electrical capacity, cooling equipment, and enclosed yard creates a practical configuration for a range of commercial applications.
Located at 810 E Grand Avenue in Fruita, the property carries mixed-use zoning that may support multifamily or other possibilities, subject to confirmation. The combination of shop space, office improvements, electrical capacity, cooling equipment, and enclosed yard creates a practical configuration for a range of commercial applications.
Key Highlights
- 2,700 SF freestanding industrial shop
- Three‑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 - Industrial workspace includes three-phase power, an office, restroom, and secured outdoor yard area.
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 industrial shop; Three‑phase power with multiple 220V outlets; Remodeled small office and restroom
