721 7Th StGrand Junction, CO 81501
- Industrial properties
- 11,400 SF
Property Details for 721 7Th St
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 0.32 AC
- Property size (Sq ft)
- 11,400 SF
- Zone code
- C-2
- Property type
- Industrial properties
- Property subtype
- Flex space
- APN
- 2945-231-00-036
- APU
- 294523100036
Description
Exceptional opportunity to acquire a 10,570-square-foot industrial property in Grand Junction, Colorado. This single-story, Class C building, constructed in 1974, sits on a 0.32-acre lot and boasts a desirable central location, close to downtown amenities. The property features 8,250 square feet of warehouse space and 2,320 square feet of office/retail/showroom space, perfect for a variety of uses. The warehouse benefits from a 20-foot ceiling height and two loading docks, enhancing operational efficiency. The property is currently vacant and zoned C-2, offering flexibility for potential buyers. The asking price is $1,100,000, translating to $104.07 per square foot. This property is situated within an Opportunity Zone, presenting potential tax advantages for qualified investors. The building is a free-span metal structure, providing ample, unobstructed space. The property's address is 721 S 7th Street, Grand Junction, CO 81501, and its APN is 2945-231-00-036. This is a rare opportunity to own a well-located, versatile industrial property in a thriving Colorado market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,398,015
- Hospitality
- $2,196,569
- Educational
- $1,827,520
- Medical
- $1,890,371
- Retail
- $2,842,808
Location Insight
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Latitude
- 39.0603
- Longitude
- -108.561
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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