Insulated Flex Industrial
New
For Sale
$280,000
D-08-2467 Industrial Blvd, Grand Junction, CO 81505
The unit combines individual heating, 150-amp electrical service, and a utility sink with hot and cold water.
Property Size1,000 SF
Price / SF$280
Days on Market3
Property Features for D-08-2467 Industrial Blvd
General Information
Standard status
Active
Size
1,000 SF
Warehouse & Industrial
Drive-In Doors
1
Power
150 amps
Taxes and HOA fees
Annual Taxes
$15,742
Amenities
community clubhouse
conference room
kitchenette
lounge
bathrooms with showers
secure access
security cameras
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 #2540
(970) 640-1171
Source:
Exprealty
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:00AM
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 D8 is a 1,000-square-foot flex industrial condominium measuring 20 feet by 50 feet. Its features include an oversized overhead door, 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. Office space, a mezzanine, or a bathroom may be added subject to applicable approvals.
Shared facilities include a clubhouse with a conference room, kitchenette, lounge, and two bathrooms with showers. The property also has secure access, 16 security cameras, paved drive aisles, an RV dump station, a vacuum station, and an air compressor station. Located at 2467 Industrial Boulevard in Grand Junction, the property is east of Mesa Mall and provides access to major transportation routes and surrounding commercial development.
Shared facilities include a clubhouse with a conference room, kitchenette, lounge, and two bathrooms with showers. The property also has secure access, 16 security cameras, paved drive aisles, an RV dump station, a vacuum station, and an air compressor station. Located at 2467 Industrial Boulevard in Grand Junction, the property is east of Mesa Mall and provides access to major transportation routes and surrounding commercial development.
Key Highlights
- 1,000 square feet; unit dimensions are 20' x 50'
- Oversized overhead garage door, R21 wall insulation, and R39 roof insulation
- Individual heating and 150‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,433
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,660
$208.7K
Cap Rate 7%
$149,043
$149.0K
Cap Rate 9%
$115,922
$115.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$17.4K $17.40/SF
− Vacancy
−$1.3K −$1.35/SF
EGI
$16.1K $16.05/SF
− OpEx
−$5.6K −$5.62/SF
NOI
$10.4K $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%
$208,660
Cap Rate 7%
$149,043
Cap Rate 9%
$115,922
Alternative Uses
Best Use
Flex RnD
$149.0K
$130.4K – $173.9K
NOI $10,433 @ 7.0% cap · market cap 3.73%
Second Best
Warehouse
$133.6K
$116.9K – $155.8K
NOI $9,350 @ 7.0% cap · market cap 3.34%
Theoretical Best
Healthcare Medical
$1.90M
$1.66M – $2.21M
NOI $132,840 @ 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
Lease Details
1
Drive-in doors
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
- 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 combines individual heating, 150-amp electrical service, and a utility sink with hot and cold water.
Where is this flex space located?
The property is located at D-08-2467 Industrial Blvd Grand Junction, CO.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,000 square feet; unit dimensions are 20' x 50'; Oversized overhead garage door, R21 wall insulation, and R39 roof insulation; Individual heating and 150‑amp electrical service
