760 Horizon DrGrand Junction, CO 81506

Property Details for 760 Horizon Dr

Year built

2007

Construction

STEEL FRAME

Lot size

2.50 AC

Property size (Sq ft)

59,114 SF

Zone code

C-1

Property type

Office buildings

APN

2705-312-01-001

APU

270531201001

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $10,863,701

  6.5%

  $10,028,032

  7%

  $9,311,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,030,030

  Geo Method

  $4,883,998

• Alternative Use

  Use

  Valuation

  Residential Income

  $12,434,760

  Hospitality / Lodging

  $11,390,173

  Institutional / Educational

  $9,476,490

  Healthcare / Senior Housing

  $9,802,401

  Retail / Commercial

  $14,741,207

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.1147

Longitude

-108.533

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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