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Property profile & analytics
FOR LEASE
Office buildings
760 Horizon Dr Grand Junction, CO 81506
Entity Owned
Free & Clear
Property ID
US13-0972826
For Lease
1 / 3
$31.71 SF/Yr
760 Horizon Dr, Grand Junction, CO 81506
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Property summary
AI-generated overview
This exceptional Class A office building, located at 760 Horizon Drive in Grand Junction, Colorado, offers 59,114 square feet of premium office space. Built in 2007 and renovated in 2010, the four-story building features 25 suites, with options ranging from 995 to 10,555 contiguous square feet. Currently, 6,500 square feet of space is available. The property boasts high-quality finishes, including private offices with abundant natural light, a wood and precast panel exterior, and some basement storage. Amenities include 100 parking spaces and elevators. The convenient location on Horizon Drive provides easy access to Interstate 70 and Grand Junction Regional Airport, and is surrounded by a variety of dining, service, and professional office buildings. The property sits on 2.85 acres of land and is zoned MU-2. Property taxes are $3.10 per square foot. This is an excellent opportunity for businesses seeking modern, efficient, and well-located office space in a thriving Colorado community. The APN is 2705-312-01-001.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2007
Construction
STEEL FRAME
Total area
59,114 SF
Lot
2.5 ac (108,900 SF)
Zoning code
C-1
APN
2705-312-01-001
UPID
US13-0972826
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
Current use
Occupant on record · Public records
-
Prostar Geocorp (Bike/Boat/Book/etc) Store Corporate Office
-
Moody Insurance Agency Insurance Agency
-
Shaw Construction Construction Company
-
Chevron Corporate Office (No Gas) Corporate Office
-
Utah Gas Corp Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.60M
Owner & transaction history
CROSSROADS VENTURE LLC
CROSSROADS VENTURE LLC
Zoning & alternative use
C-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$8.7M
+5.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Junction submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,305,000
Current use
WAREHOUSE, STORAGE
$8,720,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$7,990,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$5.60M
Range $5.04M – $6.15M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$183,278
Tax year 2023
Assessed value
$2,476,400
Assessed 2023
Previous assessed
$1,674,060
+47.9% YoY
Effective rate
7.40%
On assessed value
Assessed land
$246,520
Assessed improvement
$2,229,880
Land market value
$883,590
Improvement market value
$7,992,400
Total market value
$8,875,990
Applied tax rate
14,102.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
4
Units
1
Rooms
10
Bathrooms
2
Total area
59,114 SF
Lot
2.5 ac (108,900 SF)
Zoning code
C-1
APN
2705-312-01-001
UPID
US13-0972826
Jurisdiction
MESA
Zoning & alternative use
C-1 · Grand Junction, CO
Zoning C-1 · permitted uses
C-1 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.3M
WAREHOUSE, STORAGE
Est. value
$8.7M
RETAIL STORES
Est. value
$8.0M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Units
1
Rooms
10
Bathrooms
2
Lot
2.5 ac
Current owner
From public records · entity-resolved
CROSSROADS VENTURE LLC
Entity
Free & Clear · 0 yrs held
Mailing address
760 HORIZON DR STE #201, GRAND JUNCTION, CO 81506-3968
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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