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2345 7th St Grand Junction, CO 81501-8117

OFF-MARKET Medical Office Space Google Maps
2,747 SF 0.15 ac lot Built 1964
Individually Owned 28-yr Hold ~ Est. High Equity
Estimated value (blended)
$215k
Range $194k – $237k (±10%)
Property ID US13-0789813

Property summary

AI-generated overview

This exceptional 2,062 square foot medical office building, situated on a 0.15-acre corner lot in Mesa County, presents a unique leasing opportunity. Currently, 916 square feet of space is immediately available for lease within this multi-tenant building. The available suite boasts four private rooms, a welcoming reception area, and a convenient restroom. Its location offers unparalleled visibility and accessibility, being situated in a healthcare-focused neighborhood directly adjacent to St. Mary’s Regional Medical Center. Ample parking is readily available both on-site and on the street, ensuring convenience for both staff and patients. The property's prime location also benefits from its proximity to Colorado Mesa University, providing a strong potential patient base. The lease terms are structured as a modified gross lease, offering a straightforward and transparent rental agreement. This property is ideal for a variety of medical practices seeking a well-appointed space in a thriving healthcare community. The building's strategic location and modern amenities make it an attractive option for businesses looking to establish or expand their presence in this desirable area. Don't miss this chance to secure a prominent position in a high-demand medical market.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1964
Construction WOOD
Total area 2,747 SF
Lot 0.15 ac (6,375 SF)
Zoning code B-1
APN 2945-111-01-005
UPID US13-0789813

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Physician
  • Physician
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 1998
1 recorded transaction
1998
$92,500

Zoning & alternative use

B-1 · Grand Junction, CO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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