Warehouse with Front
For Sale
$189,000
Pending
F-2477 Commerce Blvd, Grand Junction, CO 81505
Includes a front office with kitchenette and restroom, plus a separate warehouse bay with a 10' overhead door.
Property Size961 SF
Days on Market147
Property Features for F-2477 Commerce Blvd
General Information
Standard status
Pending
Size
961 SF
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$3,357
Listing Agency:
Coldwell Banker Commercial Prime Properties LLC
(970) 243-7375
Listed By:
Michael Foster · License #IA40011873
(970) 244-6602
Source:
Exprealty
Added: May 13
Changed: Oct 6
Last Checked: Oct 5 at 11:56PM
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
Estimated NOI and Cap Rate
NOI / Yr
$10,027
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,540
$200.5K
Cap Rate 7%
$143,243
$143.2K
Cap Rate 9%
$111,411
$111.4K
Market Conditions
NOI Build-Up for 961 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%
$200,540
Cap Rate 7%
$143,243
Cap Rate 9%
$111,411
Alternative Uses
Best Use
Flex RnD
$143.2K
$125.3K – $167.1K
NOI $10,027 @ 7.0% cap · market cap 5.31%
Second Best
Warehouse
$128.4K
$112.3K – $149.8K
NOI $8,985 @ 7.0% cap · market cap 4.75%
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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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
