Warehouse with Front
F-2477 Commerce Blvd Grand Junction, CO 81505
For Sale
$189,000
Includes a front office with kitchenette and restroom, plus a separate warehouse bay with a 10' overhead door.
Property Size961 SF
Price / SF$196.67
Days on Market78
Property Features for F-2477 Commerce Blvd
General Information
Standard status
Active
Size
961 SF
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 244-6602
Listed By:
Michael Foster · License #IA40011873
(970) 244-6602
Source:
Exprealty
Added: May 13
Changed: Jul 10
Last Checked: Jul 26 at 10:57PM
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 Coldwell Banker Commercial Prime Properties LLC
Investment Insights
Based on property information with market context.
This property is configured with a front office area, supported by a back kitchenette and restroom. The balance of the space is a separate warehouse area, providing a distinct work/storage component for day-to-day operations.
The available warehouse configuration includes a 10' overhead door, which supports practical loading and access for equipment and inventory. The site is identified on Commerce Blvd in Grand Junction, CO.
For buyers seeking a compact live-work style setup or a small operator footprint, the combination of office support space and a dedicated warehouse bay can fit a range of light industrial and service uses. The separate warehouse with overhead access is well-suited for storage and routine distribution while keeping administrative functions in the front office area.
The available warehouse configuration includes a 10' overhead door, which supports practical loading and access for equipment and inventory. The site is identified on Commerce Blvd in Grand Junction, CO.
For buyers seeking a compact live-work style setup or a small operator footprint, the combination of office support space and a dedicated warehouse bay can fit a range of light industrial and service uses. The separate warehouse with overhead access is well-suited for storage and routine distribution while keeping administrative functions in the front office area.
Key Highlights
- Front office area with kitchenette and restroom
- Separate warehouse bay with a 10' overhead door
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.7k | $17.40 |
| − Vacancy | −$1.3k | −$1.35 |
| EGI | $15.4k | $16.05 |
| − OpEx | −$5.4k | −$5.62 |
| NOI | $10.0k | $10.43 |
961 SF · lease $17.40/SF/yr · vacancy 7.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$143.2K
$125.3K – $167.1K
NOI $10,027 @ 7.0% cap · market cap 5.31%
Second Best
Office B
$129.7K
$113.5K – $151.4K
NOI $9,081 @ 7.0% cap · market cap 4.80%
Theoretical Best
Healthcare Medical
$1.82M
$1.60M – $2.13M
NOI $127,659 @ 7.0% cap · market cap 67.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 - Includes a front office with kitchenette and restroom, plus a separate warehouse bay with a 10' overhead door.
Where is this flex space located?
The property is located at F-2477 Commerce Blvd Grand Junction, CO.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Front office area with kitchenette and restroom; Separate warehouse bay with a 10' overhead door
