599 Northgate DrGrand Junction, CO 81505

Property Details for 599 Northgate Dr

Year built

1977

Construction

STEEL FRAME

Lot size

1.27 AC

Property size (Sq ft)

18,515 SF

Zone code

C-1

Property type

Hotels

APN

2945-102-12-008

APU

294510212008

Description

This exceptional 1,500-square-foot warehouse space is available for lease in Grand Junction, Colorado. Located at 599 Northgate Drive in Mesa County, this industrial property offers a versatile layout suitable for multiple tenants. The entire 1,500 square feet is currently vacant, providing an immediate opportunity for businesses seeking a functional and efficient workspace. The property's address is conveniently situated within Grand Junction, offering easy access to local amenities and transportation routes. The building is classified as an industrial warehouse, ideal for storage, light manufacturing, or distribution operations. This property presents a rare chance to secure a well-located warehouse space in a thriving Colorado community. The property is zoned for industrial use and offers ample space for various business needs. Interested parties are encouraged to inquire for further details and leasing options. The property is located in Mesa County, Colorado, with a zip code of 81505. The latitude and longitude coordinates are 39.0915475 and -108.5866177 respectively. This listing is for a total of 1,500 square feet of warehouse space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,864,789

  6.5%

  $3,567,498

  7%

  $3,312,676

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,854,580

  Geo Method

  $3,594,817

• Alternative Use

  Use

  Valuation

  Residential

  $3,894,671

  Hospitality

  $3,567,498

  Educational

  $2,968,116

  Medical

  $3,070,194

  Retail

  $4,617,070

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.0915

Longitude

-108.587

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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