Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1903 Linden Ave Grand Junction, CO 81503-1946
    Back to Search
    Property profile & analytics

    1903 Linden Ave, Grand Junction, CO 81503-1946

    View on Map
    • Flex space
    • 2,186 SF
    • 2.57 lot acres
    Off-Market
    Last Sale Sep 3, 2024
    Property ID
    US13-1512105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parkway Storage - Linden Location / Storage Facility

    Property Details for 1903 Linden Ave

    Year built
    2022
    Construction
    WOOD
    Lot size
    2.57 lot acres
    Zone code
    C-1
    Property type
    Flex space
    APN
    2945-261-24-001
    APU
    294526124001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 17, 2025 — Ecr LLC — Deed · related $2.1M · T L T Trust
    Apr 5, 2023 $250,000 Ecr LLC T L T Trust Special Warranty Deed —
    Dec 8, 2022 — Ecr LLC — Deed · related $250k · T L T Trust
    Jul 29, 2022 — Mark L Gamble Victor A Paulson Correction Deed · related —
    Jul 9, 2021 $250,000 Tlt Trust Mark L Gamble Warranty Deed —
    Jun 9, 2021 — Mark L Gamble Ladylike LLC Quit Claim Deed · related —
    Jun 13, 2019 $5,000 Ladylike LLC Schmalz,joseph E Quit Claim Deed · related —
    Aug 18, 1999 — Robert Ras Gamble,mark L Quit Claim Deed · related —
    Aug 18, 1999 $7,500 Joseph E Schmalz Gamble,mark L Quit Claim Deed · related —
    Aug 18, 1999 $45,000 Doug Skelton Gamble,mark L Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.558
    Latitude
    39.0457
    CBSA code
    24300
    CBSA name
    GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,032
    $68,710
    $1,000
    $69,710
    -
    $246,290
    $3,590
    $249,880

    Comparable in this City

    • Value Estimation by Request
      930 SF

      1663 Hwy 50

      LIGHT INDUSTRIAL
      1663 Hwy 50, Grand Junction, CO 81503-4719
      View Details
    • Value Estimation by Request
      3,588 SF

      2620 Legacy Way

      LIGHT INDUSTRIAL
      2620 Legacy Way, Grand Junction, CO 81503-1793
      View Details
    • Value Estimation
      $1,260,000
      17,176 SF

      244 26th 14th Rd

      LIGHT INDUSTRIAL
      244 26th 14th Rd, Grand Junction, CO 81503-1728
      View Details
    • Value Estimation
      $515,000
      6,680 SF

      1919 Palmer St

      LIGHT INDUSTRIAL
      1919 Palmer St, Grand Junction, CO 81503-1955
      View Details
    • Value Estimation by Request
      3,840 SF

      439 Sherman Dr

      LIGHT INDUSTRIAL
      439 Sherman Dr, Grand Junction, CO 81503
      View Details
    • Value Estimation by Request
      3,072 SF

      427 Sherman Dr

      LIGHT INDUSTRIAL
      427 Sherman Dr, Grand Junction, CO 81503-2069
      View Details

    Similar Nearby for Sale

    • $870,000

      Retail Commercial Pad Ready

      1.05 acre retail commercial pad with highway visibility.
      2666 Tracy Ann Rd, Grand Junction, CO 81503
      View Details
    • $1,980,000
      7,380 SF

      New Construction Investment Property

      Five new construction townhomes, fully rented, energy efficient.
      2773 Caspian Way, Grand Junction, CO 81503
      View Details
    • $900,000

      Retail Commercial Pad Ready Development

      1.23 acre commercial pad with highway visibility, easy access.
      2662 Tracy Ann Rd, Grand Junction, CO 81503
      View Details
    • Contact for pricing

      Retail Commercial Pad on Highway

      1.03 acre commercial pad with highway visibility and access.
      Tbd Lot 4 Hwy 50, Grand Junction, CO 81503
      View Details
    • $950,000
      0.60 Acres

      Grand Junction Land For Sale

      Commercial land available in Grand Junction, Colorado.
      945 Dominguez Ave, Grand Junction, CO 81503
      View Details
    • $71,900
      0.21 Acres

      Red Tail Ridge Building Lot

      Building lot in Red Tail Ridge Subdivision with great views.
      2947 Circling Hawk St, Grand Junction, CO 81503
      View Details

    Similar Nearby for Lease

    • $6,500 /Mo
      3,928 SF

      Versatile Commercial Property in Grand Junction

      Adaptable commercial space with office, shop, and yard in Grand Junction.
      2724 Highway 50 S, Grand Junction, CO 81503
      View Details
    • $5,100 /Mo
      62,171 SF

      Climate-Controlled Storage Warehouse

      Climate-controlled indoor storage with a high-clear drive-in bay and options to operate storage or convert for commercial use.
      287 27 Rd, Grand Junction, CO 81503
      View Details
    • New
      $10,710 /Mo
      9,180 SF

      Freestanding Retail/Office Building

      Freestanding commercial space with on-site parking, monument signage, and flexible use options under MU-2 zoning.
      2776 Acrin Ave, Grand Junction, CO 81503
      View Details
    • $1,750 /Mo
      15,970 SF

      Prime Retail Suite in Business Park

      Well-positioned retail unit in Meridian Business Park with strong visibility from Highway 50.
      230 Lynwood St, Grand Junction, CO 81503
      View Details
    • $2,000 /Mo
      15,970 SF

      Turn-Key Restaurant Suite

      Turn-key suite with dedicated prep area and flexible indoor/outdoor seating on a high-visibility Highway 50 corridor.
      230 Lynwood St, Grand Junction, CO 81503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1903 Linden Ave
    Grand Junction, CO 81503-1946
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1903 Linden Ave, Grand Junction, CO, 81503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!