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Financial
Distress signals
Property profile

1199 Winters Ave Grand Junction, CO 81501

FOR LEASE
Flex space
Property ID
US13-0210464
9,662 SF Built 1972
Last sale Oct 2023 · $865,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class S industrial condominium includes 8,785 square feet of industrial space and 1,754 square feet of office space. The property features a fenced yard area and exclusive access to a 20,005 square foot graveled and partially fenced area along the south and east sides of the buildings. Electrical service is provided at 3-phase/480-volt. The building is equipped with rooftop air conditioning and a fire sprinkler system and has three overhead doors sized 16x16, 20x18, and 16x16.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$152k
Assessed improvement$152k
Effective rate7.07%

Value estimate

· Oct 2026
$690k
$621k – $759k
AI approach$735k
Submarket $/SF estimate$673k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$6k
Operating expenses−$32k
NOI · 769.99% cap applied$74k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$70 – $116
Qualifying comparables4

Cap rate analysis

How does the asset earn?
769.99%
$74k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.6
Garden Center10.9
Cafe & Coffee Shop9.7

Location

1199 Winters Ave Grand Junction, CO 81501
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1250 3rd, Grand Junction, CO 81501-7515 $1,018,500 Oct 2024 8,586 SF
850 Ss, Grand Junction, CO 81501-3600 $800,000 Sep 2024 10,447 SF
607 7th, Grand Junction, CO 81501-7734 $295,000 Apr 2024 13,826 SF
2845 Chipeta, Grand Junction, CO 81501-5115 $339,200 Mar 2024 14,176 SF
2801 Grand, Grand Junction, CO 81501-8008 $967,500 Jan 2024 13,308 SF
1005 Pitkin, Grand Junction, CO 81501-3636 $749,900 Sep 2023 7,592 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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