Flex Industrial Condominium with Oversized
C-08-2467 Industrial Blvd, Grand Junction, CO 81505
For Sale
$270,720
The unit includes individual heat, 150-amp electrical service, and a utility sink with hot and cold water.
Property Size960 SF
Price / SF$282
Days on Market23
Property Features for C-08-2467 Industrial Blvd
General Information
Standard status
Size
Warehouse & Industrial
Drive-In Doors
Power
Additional Details
Utilities to Site
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Community clubhouse
Conference room
Kitchenette
Lounge area
Bathrooms with showers
Secure access
Security cameras
Paved drive aisles
RV dump station
Vacuum station
Air compressor station
Fiber-optic internet availability
Listing Agency:
REAL BROKER, LLC DBA REAL
(720) 519-3913
Listed By:
SERENA GOERING · License CO #2540
(970) 640-1171
Source:
Exprealty
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 3:33PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit C8 is a 960-square-foot flex industrial condominium measuring 24' x 40'. Its features include an oversized overhead garage door, high ceilings, R21 wall insulation, R39 roof insulation, individual heating, 150-amp electrical service, LED lighting, and a utility sink with hot and cold water. Fiber-optic internet is available. A mezzanine, office, bathroom, or other improvements may be added subject to applicable approvals, and neighboring units may be combined with approval.
The property is at 2467 Industrial Boulevard in Grand Junction, just east of Mesa Mall, with access to major transportation routes. Shared amenities include a clubhouse with an enclosed conference room, kitchenette, lounge, and two bathrooms with showers. Other features include secure access, 16 security cameras, paved drive aisles, an RV dump station, a vacuum station, and an air compressor station.
The property is at 2467 Industrial Boulevard in Grand Junction, just east of Mesa Mall, with access to major transportation routes. Shared amenities include a clubhouse with an enclosed conference room, kitchenette, lounge, and two bathrooms with showers. Other features include secure access, 16 security cameras, paved drive aisles, an RV dump station, a vacuum station, and an air compressor station.
Key Highlights
- 960‑square‑foot unit with 24' x 40' dimensions
- Oversized overhead garage door and high ceilings
- 150‑amp electrical service, individual heating, and LED lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,016
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,320
$200.3K
Cap Rate 7%
$143,086
$143.1K
Cap Rate 9%
$111,289
$111.3K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$16.7K $17.40/SF
− Vacancy
−$1.3K −$1.35/SF
EGI
$15.4K $16.05/SF
− OpEx
−$5.4K −$5.62/SF
NOI
$10.0K $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%
$200,320
Cap Rate 7%
$143,086
Cap Rate 9%
$111,289
Alternative Uses
Best Use
Flex RnD
$143.1K
$125.2K – $166.9K
NOI $10,016 @ 7.0% cap · market cap 3.70%
Second Best
Warehouse
$128.2K
$112.2K – $149.6K
NOI $8,976 @ 7.0% cap · market cap 3.32%
Theoretical Best
Specialty Retail
$201.5K
$176.4K – $235.1K
NOI $14,108 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Utilities to site
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
Properties on Market for Flex space in Grand Junction
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Practical Smokers BBQ, Catering, and more... — 596 N Commercial Dr, Grand Junction, CO 81505
- 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 - The unit includes individual heat, 150-amp electrical service, and a utility sink with hot and cold water.
Where is this flex space located?
The property is located at C-08-2467 Industrial Blvd Grand Junction, CO.
What is the asking price?
The asking price for this property is $270,720.
What are key features of this property?
This property features: 960‑square‑foot unit with 24' x 40' dimensions; Oversized overhead garage door and high ceilings; 150‑amp electrical service, individual heating, and LED lighting
