Incredible opportunity to purchase Hwy 6 & 50 frontage between Grand Junction & Fruita. Almost 14 acres at 20 Road and Hwy 6 & 50 right at the overpass from 6 & 50 to the south frontage road. Fully leased with flexible uses. Building 1 (11,250 sq. ft) is 6 separate office / warehouse / yard spaces individually leased. Each unit has appox 375 sq. ft. office, 1/2 bath, 1500 sq. ft. heated shop with 14' OH door and approx .5 - 1 ac fenced yard. 220 in each unit. Gas & Elec metered separately. Tenants pay utilities. Second building has 4800 sq. ft. total space (appox 800 of this is office + 3 bathrooms), almost 6 acres of yard, 14' overhead doors, access from both 20 Road with 6 & 50 Frontage. Tenant has month to month lease & pays utilities. $11,420 GMI, 7.8% cap. All new parking asphalt 9/17. No deferred maintenance - well kept & updated property.
MLS# | 20174829 |
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Sub-Type | Resale |
Status | Active |
Days On Site | 528 |
SQ Feet | 16,050 |
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Story(s) | 0 |
Zoning | I 1 |
Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
---|---|---|---|---|---|
Date: Jan 2019 | Sales: 1 | Avg $ Per SqFt: $ | Min Sale Price: $160,000 | Max Sale Price: $160,000 | Med Sale Price: $160,000 |
Date: Oct 2018 | Sales: 1 | Avg $ Per SqFt: $23.08 | Min Sale Price: $76,800 | Max Sale Price: $76,800 | Med Sale Price: $76,800 |
Date: May 2018 | Sales: 1 | Avg $ Per SqFt: $ | Min Sale Price: $75,000 | Max Sale Price: $75,000 | Med Sale Price: $75,000 |
Jan 2019 | |
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Sales: | 1 |
Avg $ Per SqFt: | $ |
Min Sale Price: | $160,000 |
Max Sale Price: | $160,000 |
Med Sale Price: | $160,000 |
Oct 2018 | |
Sales: | 1 |
Avg $ Per SqFt: | $23.08 |
Min Sale Price: | $76,800 |
Max Sale Price: | $76,800 |
Med Sale Price: | $76,800 |
May 2018 | |
Sales: | 1 |
Avg $ Per SqFt: | $ |
Min Sale Price: | $75,000 |
Max Sale Price: | $75,000 |
Med Sale Price: | $75,000 |
Area Information | |
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State | CO |
City | Fruita |
Zip Code | 81521 |
Area | NW Grand Junction |
Listing VS Median (in 81521) | |
Price: $1,750,000 low | high Med: $264,900 100% of Average SqFt: 16,050 low | high Med: 1,946 100% of Average $ / SqFt: $109 low | high Med: $136 25.153575099104% of Average On Site: 528 low | high Med: 219 100% of Average |
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