Property profile

361 27 1/2 Rd Grand Junction, CO 81501

OFF-MARKET
Warehouses
4,000 SF 2.7 ac lot Built 1978
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Property summary

AI-generated overview

This single-tenant industrial property, located at 361 27 1/2 Rd, Grand Junction, CO 81501, offers 4,000 square feet of versatile warehouse and flex space. Situated on a 2.7-acre lot, the building boasts a 16-foot ceiling height, perfect for various industrial uses. Built in 1978 and renovated in 1990, this Class B property features two 14-foot overhead doors, providing convenient drive-in access. The property includes 4 total parking spaces and benefits from a 75-foot frontage. Zoned I-1, this location offers easy access to major routes via Riverside Parkway. The property taxes are $1.75 per square foot. The building consists of one story and comprises approximately 196 square feet of office space. This Grand Junction, Colorado property is part of the Western Slope of Colorado submarket and has an APN of 2945-242-01-039. This is an excellent opportunity for businesses seeking a functional and well-located industrial space in a light industrial neighborhood.

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 4,000 SF
Lot 2.7 ac (117,612 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

361 27 1/2 Rd Grand Junction, CO 81501
Grand Junction metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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