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Property profile & analytics

683 Horizon Dr, Unit 111 Grand Junction, CO 81506

  • Community centers
  • 16,175 SF
  • 0.32 lot acres
For Lease
Last Sale
Mar 20, 2025
$4,400,000
Value Estimations
$4,085,000
Cap Rate Potential
5.9%
Community centers
Location Intelligence
Property ID
US13-0994344
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.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

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
$67,083
$198,270
$773,810
$972,080
-
$710,660
$2,773,520
$3,484,180
More about this property
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