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Property profile & analytics
OFF-MARKET Estimated value $965,000
Hotels

599 Northgate Dr Grand Junction, CO 81505-6947

18,515 SF 1.27 ac lot Built 1977
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-0823179
Property summary
AI-generated overview

This exceptional 1,500-square-foot warehouse space is available for lease in Grand Junction, Colorado. Located at 599 Northgate Drive in Mesa County, this industrial property offers a versatile layout suitable for multiple tenants. The entire 1,500 square feet is currently vacant, providing an immediate opportunity for businesses seeking a functional and efficient workspace. The property's address is conveniently situated within Grand Junction, offering easy access to local amenities and transportation routes. The building is classified as an industrial warehouse, ideal for storage, light manufacturing, or distribution operations. This property presents a rare chance to secure a well-located warehouse space in a thriving Colorado community. The property is zoned for industrial use and offers ample space for various business needs. Interested parties are encouraged to inquire for further details and leasing options. The property is located in Mesa County, Colorado, with a zip code of 81505. The latitude and longitude coordinates are 39.0915475 and -108.5866177 respectively. This listing is for a total of 1,500 square feet of warehouse space.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1977
Construction STEEL FRAME
Total area 18,515 SF
Lot 1.27 ac (55,134 SF)
Zoning code C-1
APN 2945-102-12-008
UPID US13-0823179
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
Current use
Occupant on record · Public records
  • West Elk Supply Distribution Center Logistics Company
  • Lmc Customs Truck & ATV Accessories Auto Parts Store
  • Konnected Auto Restylin' Electronics & Wireless Store Auto Parts Store
  • Ritz Consignment Furniture & Home Goods Home Decor Store
  • Colorado Steel Works General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$975k
Comparable Approach Comparable
by Request
Blend (final) Blend
$965k
Owner & transaction history
J & G Enterprises INC · 25 yrs held
J & G Enterprises INC
since 2000
7 recorded transactions
2020
Price N/A
2014
Price N/A
2011
Price N/A
2010
Price N/A
2000
$593,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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