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Property profile & analytics
OFF-MARKET Estimated value $725,000
Industrial land

2256 Colex Dr Grand Junction, CO 81505-9424

10,200 SF 1 ac lot Built 2009
Entity Owned 10-yr Hold Free & Clear
Property ID
US13-2478069
Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 2009
Total area 10,200 SF
Lot 1 ac (43,560 SF)
Zoning code I-1
APN 2701-314-17-002
UPID US13-2478069
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
by Request
Comparable Approach Comparable
$994k
Blend (final) Blend
$725k
Owner & transaction history
North Valley LLC · 10 yrs held
North Valley LLC
since 2016
4 recorded transactions
2016
Price N/A
2014
$700,000
2009
Price N/A
2008
$744,000
Zoning & alternative use
I-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial Light, I-1 § 21.03.070(e) I-2: General Industrial Industrial General, I-2 § 21.03.070(f) (b) Purpose. The Industrial zone districts are intended to: (1) Promote the retention of existing industrial businesses and strengthen and diversify the future economic base for Grand Junction; (2) Identify appropriate locations for industrial uses that create…

Zone name Industrial Light
General category INDUSTRIAL
Zone area 1,706.04 ac
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