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Property profile & analytics
FOR SALE
Auto shops

1162 Ute Ave Grand Junction, CO 81501

1,296 SF 0.43 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-2501081
Property summary
AI-generated overview

This exceptional 1,296 square foot commercial property, located at 1162 Ute Avenue in Grand Junction, Colorado, presents a unique investment opportunity. The building, constructed in 1958 and renovated in 1990, features a blend of office and warehouse space, ideal for a variety of businesses. The 296 square foot office area includes a reception area and showroom with a glass storefront, providing excellent visibility. The 1,000 square foot warehouse boasts two dock-high doors and washer/dryer hookups. Situated on a 0.43-acre lot, this property offers ample parking (25 spaces) and a fenced yard providing additional storage. The property benefits from a high-traffic corner location with a lighted pole sign, ensuring excellent visibility. Zoned MU-2, this property offers significant development potential. The asking price is $425,000, and the property is offered with a NNN lease type. Key features include a signalized corner lot with 100-150 feet of frontage, three-phase power, and a prime location in downtown Grand Junction (zip code 81501). The property's APN is 2945-144-25-003. This is a single-story building with one unit.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,296 SF
Lot 0.43 ac (18,731 SF)
Zoning code C-1
APN 2945-144-25-003
UPID US13-2501081
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
  • Roto-Rooter Plumbing & Drain Service Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John And Serr LLC · 3 yrs held
John And Serr LLC
since 2023
Last sale
$325,000
4 recorded transactions
2023
$325,000
2018
$230,000
2015
Price N/A
2008
$310,000
Zoning & alternative use
C-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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