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Property profile & analytics
FOR LEASE
Warehouses

630 7th St Grand Junction, CO 81501-7735

62,254 SF 3.5 ac lot Built 1900
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-1004210
Property summary
AI-generated overview

This exceptional 2.6-acre commercial land parcel, situated at 630 South 7th Street in Grand Junction, Colorado, presents a unique investment opportunity. The property is ideally located for retail development, offering excellent north/south connectivity via 7th Street to Riverside Parkway. Currently, a 35,280 square foot building occupies the site, providing options for renovation, demolition, or a build-to-suit project. The location within Grand Junction's growing trade area, coupled with its proximity to the downtown core, makes it highly attractive. This underserved market is ripe for development, particularly for grocery and food & beverage establishments. Furthermore, the property benefits from the incentives offered by the Business Improvement District and Downtown Development Authority, making this a compelling proposition for developers seeking a prime location with significant potential for growth and return. The property's zip code is 81501, and it's located in Mesa County. The site is available for both outright sale and ground lease arrangements. This presents a flexible opportunity for various development scenarios. The property's prime location and the potential for significant incentives make this a truly remarkable opportunity in a thriving Colorado market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 62,254 SF
Lot 3.5 ac (152,460 SF)
Zoning code C-2
APN 2945-231-01-028
UPID US13-1004210
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
$1.43M
Blend (final) Blend
$1.80M
Owner & transaction history
Situs Gj Industrial LLC · 4 yrs held
Situs Gj Industrial LLC
since 2021
3 recorded transactions
2022
Price N/A
2021
$3.4M
2019
Price N/A
Zoning & alternative use
C-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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