635 White Ave Grand Junction, CO 81501-5810
Property profile & analytics
635 White Ave Grand Junction, CO 81501-5810
- Flex space
- 7,748 SF
- 0.48 lot acres
Property ID
US13-2681924
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Valley Auto / Car Dealership
- Crossville Studios / Big Box & Wholesale Store
Property Details for 635 White Ave
- Year built
- 2016
- Construction
- STEEL FRAME
- Lot size
- 0.48 lot acres
- Property size
- 7,748 SF
- Zone code
- I-1
- Property type
- Flex space
- APN
- 2945-154-41-002
- APU
- 294515441002
Description
This exceptional 7,714-square-foot warehouse in Grand Junction, Colorado, presents a unique investment opportunity. Built in 2016, the property boasts a pristine metal building design, seamlessly blending 2,000 square feet of efficient office space with a spacious 4,800-square-foot warehouse. The office area features a welcoming showroom and reception area with a stylish counter, private offices, and an employee break room with a full kitchen. The warehouse is highly functional, featuring two 14-foot overhead doors, a 20-foot ceiling height, and an added 900 square feet of mezzanine space accessible via a swing gate, ideal for lift access. Additional amenities include washer/dryer hookups, forced-air heating and air conditioning throughout, ensuring year-round comfort. The property sits on a half-acre lot and includes 11 dedicated parking spaces and a paved, secure yard. Located on White Avenue with convenient access to and visibility from Riverside Parkway, this property offers excellent visibility and accessibility. The property is zoned I-1 and has a tax cost of $2.60 per square foot. The building is currently vacant and ready for immediate occupancy. Tenant pays NNN expenses.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $995,000
- 6.5%
- $920,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $896,000
- AI Estimate
- $679,000
Market price range: $539k - $897kMarket price range: $315k - $769k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $710,000 Current use
- WAREHOUSE, STORAGE
- $1,145,000 Change: +61% Conversion: Easy
- OFFICE BUILDING
- $1,090,000 Change: +53% Conversion: Difficult
- RETAIL STORES
- $1,060,000 Change: +49% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,010,000 Change: +42% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.578
- Latitude
- 39.0691
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,196
$42,830
$228,670
$271,500
-
$153,520
$819,600
$973,120
