683 Horizon Dr, Unit 111 Grand Junction, CO 81506
- Community centers
- 16,175 SF
- 0.32 lot acres
Current Use by Public Records
- Country Club Liquors / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- PizzAmoré (PizzAmore) / Restaurant
- Taqueria Guadalajara #2 / Restaurant
- My Favorite Muffin / Bakery / Specialty Food Shop
- Native Roots Dispensary Grand Junction MED/REC / (Bike/Boat/Book/etc) Store
Property Details for 683 Horizon Dr
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 0.32 lot acres
- Property size
- 16,175 SF
- Zone code
- C-1
- Property type
- Community centers
- APN
- 2945-012-50-011
- APU
- 294501250011
Description
This exceptional 1,200 square foot executive office suite is located within the prestigious Horizon Park Shoppes, a Class A retail center in Grand Junction, Colorado. Built in 2004, the single-story building boasts a total of 120,000 square feet and 12 suites, offering a vibrant and convenient business environment. The suite itself is part of a multi-tenant building situated on a 2.64-acre lot (APN 2945-012-50-011) and benefits from 80 shared parking spaces. The property enjoys a prime location within the Horizon Drive Business Corridor, directly adjacent to a Safeway grocery store, providing high foot traffic and excellent visibility. Its strategic placement offers easy access to Interstate 70 and the Grand Junction Regional Airport, enhancing accessibility for clients and employees. The surrounding area features major hotel chains, diverse restaurants, and various services, catering to a wide range of needs. Furthermore, the property is surrounded by upscale residential neighborhoods, ensuring a strong local customer base. The property is zoned C-1 and has a tax cost of $0.34 per square foot. There are no elevators in the building. This is a rare opportunity to secure a well-located, high-quality office space in a thriving commercial area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,045,000
- ML approach
- $3,930,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,960,000
- 6.5%
- $3,655,000
- 7%
- $3,395,000
-
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $2,540,000
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Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.55
- Latitude
- 39.1041
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA