2764 Compass DrGrand Junction, CO 81506

Property Details for 2764 Compass Dr

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.73 AC

Property size (Sq ft)

43,481 SF

Zone code

C-1

Property type

Office properties

Property subtype

Office buildings

APN

2701-361-30-015

APU

270136130015

Description

This exceptional Grand Junction, CO office property at 2764 Compass Dr offers a diverse range of flexible workspace solutions. The two-story building, totaling 162,478 square feet, was constructed in 1981 and renovated in 1995. It features a single elevator and caters to various business needs, including executive office suites, coworking spaces, medical offices, and creative office environments. Units range from a minimum of 1,000 square feet to a maximum contiguous space of 4,000 square feet, accommodating businesses of all sizes. The property sits on a 3.73-acre lot and offers multiple tenancy options. Amenities vary by suite, with some including private kitchenettes and bathrooms, while others share these facilities. A large open area is available for meetings or collaborative workspaces. On-site property management ensures efficient building operations. The building's location within a business complex provides a professional and convenient environment, surrounded by other businesses. The property's fresh, clean, and bright atmosphere creates a welcoming and productive workspace. Contact us to inquire about current availability and pricing. Note that available units and sizes are subject to change. APN: 270136130015.

• CAP approach

  CAP return

  Valuation

  6%

  $7,990,740

  6.5%

  $7,376,068

  7%

  $6,849,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,848,627

  Geo Method

  $3,592,400

• Alternative Use

  Use

  Valuation

  Residential

  $9,146,324

  Hospitality

  $8,377,984

  Educational

  $6,970,384

  Medical

  $7,210,106

  Retail

  $10,842,819

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.1168

Longitude

-108.54

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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