Grand Junction, CO
Commercial Real Estate Market Trends & Data

$339 Avg asking sale price
$545 Avg asking lease rate
10,037 SF Avg unit lease size
11,852 SF Avg building size for sale
6.26% Average cap rate

Grand Junction's Demographic Profile

Grand Junction has 30,766 households and a median income of $61,096, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 73,152
# Households 30,766
Median age 41
Median household income $61,096
Avg household size 2.0
Renter-occupied housing units 11,468
5-year population change +5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Grand Junction, CO

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Grand Junction $269 6,967 SF 7.10%
Hotchkiss $214 3,123 SF 8.42%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Grand Junction $306 10,797 SF 7.60%
Fruitvale $131 8,800 SF 7.60%
Clifton $164 7,968 SF 7.60%
De Beque $248 10,240 SF 5.15%
Nearby Retail Markets Avg Cost/SF Typical Size
Grand Junction $473 2,272 SF
Fruita $781 2,504 SF
Palisade $224 7,195 SF
De Beque $1,633 5,501 SF
Battlement Mesa $282 3,600 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Grand Junction $348 2,988 SF 7.31%
Montrose $224 8,700 SF 7.37%
Glenwood Springs $845 11,000 SF 5.55%
Gypsum $365 17,183 SF 6.60%

Commercial Properties For Sale in Grand Junction

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2045 Bunting Ave

Grand Junction, CO 81501

  • 2,988 SF Multifamily
  • 7.31% Cap Rate
  • $739,000
For Sale

2940 I-70 Business Loop

Grand Junction, CO 81504

  • 9,000 SF Flex Building
  • 7.07% Cap Rate
  • $1,485,000
For Sale

535 N 7th St

Grand Junction, CO 81501

  • 5,502 SF Retail Building
  • $1,250,000
For Sale

2815 Grand Avenue

Grand Junction, CO 81501

  • 1.85 AC Lot
  • 1 Commercial Lot
  • $1,950,000
For Sale

171 Lake Rd

Grand Junction, CO 81507

  • 9.07 AC Lot
  • 1 Residential Income Lot
  • $825,000
For Sale

489 28 1/2 Rd

Grand Junction, CO 81501

  • 2,146 SF Industrial Building
  • $450,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Grand Junction pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Grand Junction $339 11,852 SF
Fruitvale $131 8,800 SF
Clifton $177 10,476 SF
Fruita $642 7,110 SF
Palisade $361 25,818 SF

Regional Demographic Comparison

This comparison places Grand Junction alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Grand Junction or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Grand Junction 73,152 30,766 41 $61,096 2 11,468 5%
Fruita 14,481 5,662 41 $66,223 3 1,284 5%
Palisade 2,643 1,221 46 $65,196 2 430 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Grand Junction, CO and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Grand Junction

View All Commercial Real Estate For Sale in Grand Junction
Is Grand Junction a good market for a first-time commercial real estate investor?

Grand Junction offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Grand Junction?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Grand Junction. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Grand Junction?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Grand Junction. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Grand Junction compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Grand Junction. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Grand Junction acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Grand Junction, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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