Flex Space with Oversized Overhead
New
For Sale
$537,600
A-11-2467 Industrial Blvd, Grand Junction, CO 81505
A 150-amp electrical service, utility sink, and individual heating support a range of workspace and storage configurations.
Property Size1,920 SF
Price / SF$280
Days on Market7
Property Features for A-11-2467 Industrial Blvd
General Information
Standard status
Active
Size
1,920 SF
Additional Details
Power
150 amps
Taxes and HOA fees
Annual Taxes
$15,742
Amenities
Secure access
Security cameras
Wide paved drive aisles
RV dump station
Air compressor station
Vacuum station
Community clubhouse
Listing Agency:
REAL BROKER, LLC DBA REAL
(720) 519-3913
Listed By:
SERENA GOERING · License #2540
(970) 640-1171
Source:
Exprealty
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 24 at 10:45PM
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 REAL BROKER, LLC DBA REAL
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Investment Insights
Based on property information with market context.
Unit A11 provides 1,920 square feet in a 32-by-60-foot configuration, with a 14-foot-tall by 20-foot-wide overhead door. The unit has insulated walls and ceilings, LED lighting, individual heating, 150-amp electrical service, and a utility sink with hot and cold water. Fiber-optic internet is available. Office space, a mezzanine, and additional plumbing are among the potential improvements, subject to applicable approvals and guidelines. Combining the unit with a neighboring space may also be possible, with connecting doors subject to approval.
The unit is at 2467 Industrial Boulevard in Grand Junction, east of Mesa Mall. The development includes secure access, security cameras, paved drive aisles, an RV dump station, an air compressor station, a vacuum station, and a community clubhouse. Unit ownership may support business operations, equipment storage, personal use, or leasing to others.
The unit is at 2467 Industrial Boulevard in Grand Junction, east of Mesa Mall. The development includes secure access, security cameras, paved drive aisles, an RV dump station, an air compressor station, a vacuum station, and a community clubhouse. Unit ownership may support business operations, equipment storage, personal use, or leasing to others.
Key Highlights
- 1,920 square feet in a 32' x 60' unit
- 14' tall x 20' wide overhead garage door
- 150‑amp electrical service, individual heating, and insulated walls and ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,032
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,640
$400.6K
Cap Rate 7%
$286,171
$286.2K
Cap Rate 9%
$222,578
$222.6K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$33.4K $17.40/SF
− Vacancy
−$2.6K −$1.35/SF
EGI
$30.8K $16.05/SF
− OpEx
−$10.8K −$5.62/SF
NOI
$20.0K $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%
$400,640
Cap Rate 7%
$286,171
Cap Rate 9%
$222,578
Alternative Uses
Best Use
Flex RnD
$286.2K
$250.4K – $333.9K
NOI $20,032 @ 7.0% cap · market cap 3.73%
Second Best
Warehouse
$256.5K
$224.4K – $299.2K
NOI $17,952 @ 7.0% cap · market cap 3.34%
Theoretical Best
Healthcare Medical
$3.64M
$3.19M – $4.25M
NOI $255,053 @ 7.0% cap · market cap 47.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,668
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81505, CO
11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- Alarado Biscuit Company — W We are outside at food court entrance between Dillards and Dick’s Sporting Goods, 2422 US-6, Grand
Frequently Asked Questions
What type of property is this?
Flex space - A 150-amp electrical service, utility sink, and individual heating support a range of workspace and storage configurations.
Where is this flex space located?
The property is located at A-11-2467 Industrial Blvd Grand Junction, CO.
What is the asking price?
The asking price for this property is $537,600.
What are key features of this property?
This property features: 1,920 square feet in a 32' x 60' unit; 14' tall x 20' wide overhead garage door; 150‑amp electrical service, individual heating, and insulated walls and ceilings
