3199 Hall Ave Grand Junction, CO 81504
- Flex space
- 3,800 SF
- 0.40 lot acres
Current Use by Public Records
- House of Marble & Granite Inc / Construction Company / Bathroom Remodeler
- Skilled Fishing games / Adult Entertainment Club
Property Details for 3199 Hall Ave
- Year built
- 1981
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.40 lot acres
- Property size
- 3,800 SF
- Zone code
- C-2
- Property type
- Flex space
- APN
- 2943-104-09-015
- APU
- 294310409015
Description
This 3,000 square foot industrial warehouse, located at 3199 Hall Avenue in Grand Junction, Colorado, presents a compelling investment opportunity. Built in 1981 and situated on a 0.39-acre lot (APN: LOT 15 BLK 2 32 RD C), the property boasts a C-2 zoning permit. The building features a main shop area and an additional retail space, providing flexibility for diverse business needs. A fenced side yard offers secure outdoor storage, complemented by a locked-up storage shop at the rear of the property. Its prime location on busy US-32 ensures high visibility and easy access to major transportation arteries, including I-70 and US-50. Currently vacant, this property is ready for immediate occupancy and offers significant potential for growth. The property's versatile layout makes it suitable for a range of businesses, from light manufacturing to distribution. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Colorado market. The property's address is 3199 Hall Avenue, Grand Junction, CO 81504.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $385,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $350,000
- Mixed-Use
- $470,000
- Hospitality
- $405,000
- Educational
- $430,000
- Residential Income
- $445,000
- Energy
- $375,000
- Income-Based Land
- $460,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.46
- Latitude
- 39.0831
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA