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Property profile & analytics
OFF-MARKET Estimated value $960,000
Warehouses

1101 Kimball Ave Grand Junction, CO 81501-3843

9,884 SF 5.8 ac lot Built 1900
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US13-2748169
Property summary
AI-generated overview

This exceptional 9,646-square-foot warehouse, situated on a 0.78-acre lot in Grand Junction, Colorado, presents a compelling investment opportunity. Built in 1990 and renovated in 2007, this Class B property boasts a single story and is currently vacant. The asking price is $2,500,000, translating to $259.17 per square foot. The property features brick and masonry construction and is ideally located at 1101 Kimball Ave, 81501, within the Riverside Parkway Corridor. Its prime location offers easy access to numerous amenities, including Kannah Creek/Edgewater Brewery, The Bonsai Building, Western Colorado Botanical Gardens, Las Colonias Park, and the Amphitheater at Las Colonias Park. Furthermore, it benefits from proximity to several multi-family residential projects, such as Trail Edge Townhomes, Trail Edge Apartments, Sugar Beet Apartments, and The Eddy Apartments. The property's C-2 zoning designation and Opportunity Zone status enhance its investment appeal, making it suitable for a variety of retail or service-oriented businesses. The APN is 294523139002. This is a rare chance to acquire a well-located, versatile warehouse in a thriving area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,884 SF
Lot 5.8 ac (252,629 SF)
Zoning code C-2
APN 2945-231-46-002
UPID US13-2748169
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vital Records Control Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$960k
Owner & transaction history
Kimball Acquisition LLC · 3 yrs held
Kimball Acquisition LLC
since 2022
3 recorded transactions
2025
Price N/A
2022
$3.2M
2021
$2.8M
Zoning & alternative use
C-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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