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Property profile & analytics
OFF-MARKET Estimated value $515,000
Industrial properties

613 Grand Ave Fruita, CO 81521-3029

7,328 SF 0.14 ac lot Built 1982
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-0796261
Property summary
AI-generated overview

This exceptional 7,328 sq ft industrial property in Fruita, CO, presents a unique investment opportunity. Located on E Grand Ave, this mixed-use building boasts high visibility and easy I-70 access. The property includes a 2-story building constructed in 1982, extensively renovated between 1996 and 2021, featuring two 14-foot overhead doors, 3-phase power, and a 20-foot ceiling height. The 0.4-acre lot includes a fenced yard. The building also offers a convenient 2-bedroom, 1-bathroom apartment with a separate entrance, ideal for live/work scenarios. This Class C property is currently 100% occupied and zoned DMU, offering multiple development options. The asking price is $1,075,275, with creative financing options available, including sale-leaseback possibilities. The property consists of two parcels, 2697-174-005 and 2697-174-17-020. This versatile space is perfect for owner-users, investors, or those seeking a unique live/work arrangement. The property's prime location and flexible options make it a highly desirable investment.

Property profile
Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
Year built 1982
Total area 7,328 SF
Lot 0.14 ac (6,250 SF)
Zoning code DMU
APN 2697-174-17-005
UPID US13-0796261
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
$570k
Blend (final) Blend
$515k
Owner & transaction history
Mountain View Farms And Ranch LLC · 4 yrs held
Mountain View Farms And Ranch LLC
since 2021
7 recorded transactions
2021
$645,000
2012
$300,000
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
DMU · Fruita, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Overlay, and in the Downtown Mixed Use (DMU), and Commercial-1 (C-1) zones. Accessory dwelling units must be located on a lot that contains a principle single-family dwelling unit and cannot exceed one thousand (1,000) square feet of heated floor area, or fifty (50) percent of the size of the principle single-family dwelling; whichever is greater. Accessory…

Zone name Downtown Mixed Use
General category MIXED_USE
Zone area 64.73 ac
Source municipal code
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