Description
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.
Details
| MLS# | 20174829 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 528 |
Features
| SQ Feet | 16,050 |
|---|---|
| Story(s) | 0 |
| Zoning | I 1 |
Market Activity 81521
| 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 | |
|---|---|
| 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 |
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Area Information | |
|---|---|
| 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 | |
MLS Number: 20174829Listing Provided By:
JAN KIMBROUGH MILLER of RE MAX 4000 INC
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