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Property profile & analytics
OFF-MARKET
Auto shops

1351 Ute Ave Grand Junction, CO 81501-4619

1,092 SF 0.29 ac lot Built 1958
Entity Owned 1-yr Hold Free & Clear
Property ID
US13-2655073
Property summary
AI-generated overview

This exceptional 1,092-square-foot industrial property, located at 1351 Ute Ave, Grand Junction, CO 81501, offers a unique blend of functionality and convenience. Situated on a 0.29-acre lot, this single-tenant building boasts a prime location with excellent visibility and access from Ute Ave and 14th St. Built in 1958 and renovated in 1995, the property features one story, 127 feet of frontage, and ample parking with 20 spaces. The interior includes a shop, office space, and bathroom. Two overhead doors provide easy access for loading and unloading. The property is equipped with 220-volt power, gas heat, and two evaporative coolers. A significant advantage is the inclusion of a detached storage shed, air compressor, and lift, all included in the lease. Additional parking on an adjacent lot is negotiable. A lighted pole sign enhances visibility. The C-2 zoning provides flexibility for various businesses. The property's APN is 2945-133-21-009, and Mesa County taxes are $3,361.24 per square foot. This well-maintained property is available immediately and presents a fantastic opportunity for a variety of businesses. The property offers dual access points for increased convenience.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1958
Construction WOOD
Total area 1,092 SF
Lot 0.29 ac (12,500 SF)
Zoning code C-2
APN 2945-133-21-009
UPID US13-2655073
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
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
1321 Ute LLC · 1 yrs held
1321 Ute LLC
since 2024
7 recorded transactions
2024
Price N/A
2021
Price N/A
2018
$3.0M
2018
Price N/A
2008
$342,500
2004
$140,000
2004
Price N/A
Zoning & alternative use
C-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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