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Property profile

2768 Compass Dr Grand Junction, CO 81506

FOR LEASE
Office buildings
Property ID
US13-0974682
43,109 SF 1.62 ac lot Built 1981
Last sale Nov 2018 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This second-floor commercial office suite totals over 3,200 square feet and is accessed by elevator. The interior layout includes a front lobby, a breakroom sized for full daily use, a bullpen/conference room area, and eight individual offices. The space is located off Horizon Drive in Grand Junction, Colorado, with convenient access to the airport and I-70. The unit was remodeled with updated flooring, paint, and finishes and has numerous windows providing ample natural light and views.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value$1.02M
Assessed land$79k
Assessed improvement$936k
Effective rate5.40%

Value estimate

· Oct 2026
$650k
$585k – $715k
Submarket $/SF estimate$3.90M
NOI build-up
Gross scheduled income$776k
Vacancy & credit loss−$233k
Operating expenses−$136k
NOI · 6,390.27% cap applied$407k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$90 – $199

Cap rate analysis

How does the asset earn?
6,390.27%
$407k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.9
Bakery9.1
Skin Care Clinic9.1

Location

2768 Compass Dr Grand Junction, CO 81506
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2782 Xrds, Grand Junction, CO 81506-8711 $725,000 Jan 2024 3,380 SF
743 Horizon, Grand Junction, CO 81506-8701 $6,336,183 May 2022 71,311 SF
2743 Xrds, Grand Junction, CO 81506-3954 $124,000 Jan 2022 4,060 SF
2795 Skyline, Grand Junction, CO 81506-3908 $538,695 Feb 2021 3,011 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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