Property profile

702 Rd. Unit Grand Junction, CO 81505

OFF-MARKET
Warehouses
6,185 SF Built 2006
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Property summary

AI-generated overview

This exceptional 6,185-square-foot industrial warehouse condo, located at 702 23 1/10 Rd., Unit #D4, Grand Junction, CO 81505, presents a compelling investment opportunity. Built in 2006 and zoned I-2, the property boasts a single unit with convenient access via three overhead doors, including one equipped with a recessed, heated dock. The interior features two restrooms and three offices, offering versatile space adaptable to various storage or office needs. The asking price is $375,000, translating to $60.63 per square foot. This represents a Net NNN lease type, with the property currently vacant. The building sits on leased land, and the ground lease payment is incorporated into the associated dues. The property is ideal for distribution and warehouse operations, offering a functional layout and strategic location within Mesa County, Colorado. This is a single-unit offering, making it an attractive investment for owner-occupiers or investors seeking a straightforward, well-maintained industrial space. The property's features include ample space, convenient loading capabilities, and a flexible interior layout. The location in Grand Junction provides access to key transportation routes and a growing market. This is a turnkey opportunity to acquire a functional and profitable industrial asset.

Property profile

Verified
Property type Warehouses
Year built 2006
Total area 6,185 SF

Cap rate & NOI

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

Location

702 Rd. Unit Grand Junction, CO 81505
Grand Junction metro
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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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