Property profile

2872 I-70Bl Grand Junction, CO 81501

OFF-MARKET
Retail properties & Spaces
31,296 SF Built 1981
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Property summary

AI-generated overview

This exceptional multi-tenant property, located at 2872 I-70 Business Loop #1 in Mesa County, presents a unique investment opportunity. The 31,296 square foot building sits on a generous 4.91-acre lot and boasts a two-story design, constructed in 1981. Currently, there are five available spaces ranging in size from 145 square feet to 7,646 square feet, offering flexibility for a variety of businesses. The I-1 zoning allows for industrial uses, expanding the potential tenant pool. Unit #1 is a particularly attractive showroom/office space, complete with a kitchen/breakroom, ideal for a business requiring client interaction and employee amenities. Unit #4 provides ample warehouse space, enhanced by convenient drive-through bays, perfect for efficient loading and unloading. Two units (#2 and #4) are currently occupied by long-term tenants, providing immediate income potential. Each unit is adaptable and can be subdivided to meet specific tenant requirements. The property features a fenced yard, providing security and additional space, along with a paved parking lot for convenient customer and employee parking. Its prime location offers direct access to the I-70 Business Loop, with close proximity to 29 Road and North Avenue, ensuring high visibility and easy accessibility for both employees and customers. This property is an excellent opportunity for investors seeking a diverse and well-located commercial investment. 3,679 square feet of space is currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1981
Total area 31,296 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2872 I-70Bl Grand Junction, CO 81501
Grand Junction metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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