Mesa County Market Update Q1 2025 | RMCRE

Mesa County Q1 2025 Market Update Report

Posted on June 25, 2025 by Brian Bray, Bray Commercial Real Estate in Market Updates

PUBLIC POLICY CHANGES

City of Grand Junction 2A: a vote on if the municipal vote should be moved to November on odd numbered years, beginning with 2027: 66.67% yes/33.33% no
City of Grand Junction 2B: a vote to raise the salary of city council and to provide a basis for the raise of salary for City Council in the future years: 42.14% yes/57.86% no

DEVELOPMENTS

Starbucks in Dos Rios Grand Opening – Starbucks Coffee shop opens at 2601 Dos Rios Dr as part of the Dos Rios development efforts.
Confluence Center in Dos Rios – Multiple river based non-profits all located in one building, also located in the Dos Rios development area nearby the confluence of the Colorado and Gunnison Rivers.
Refinishing of Valley Plaza Completed – the shopping center at 2454 US-6 & 50 received a fresh remodel to the exterior façade of the businesses.
Horizon Drive and G Road Round-About Installed – Work an installing a round-about at the intersection of Horizon Drive and G road has been completed

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	Q1 2024	Q1 2025	%+-
VELOCITY (Source – Mesa County Assessor)
Commercial Sales Volume	$45,976,200	$54,735,800	+19%
Commercial Transactions	51	45	-12%
VACANCY RATE
CAP RATE	7.5%	7.5%	0%
SALES TAX INDICATORS (Source – Mesa County)
All Sales Tax	$12,890,028	$12,694,831	-1.5%
Lodging Taxes	Unavailable	Unavailable

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About The Author

Brian Bray, Bray Commercial Real Estate

Born and raised in Western Colorado, Brian Bray is a fourth-generation Bray working in his family’s real estate brokerage, which was founded by his great-grandfather, Sherman Bray, in 1946. Brian brings to the table a vast working knowledge of real estate and the trusted name that has become the premier real estate firm of Western Colorado. Working for Bray Real Estate since 2004, Brian began his real estate career selling residential homes, farm/ranch properties, and development ground. He became managing broker of the commercial division in 2016. Previous to working in the family business, Brian owned and managed his own businesses and worked in the construction industry. He is educated in construction management and graduated from Mesa State College with a Bachelor of Science in Business Administration. Over the years, Brian has had the opportunity to assist his clients in asset disposition/acquisition and represent tenants of large national retailers and small main street businesses. Brian also maintains a large volume of real estate listings for his sales and leasing clients. Through continued education through CCIM and industry forums, Brian is able to stay on the pulse of the existing and emerging industries. Brian also manages Bray Business Brokerage, where he oversees a team of merger and acquisition specialists. He enjoys educating business owners in making strategic decisions to maximize the profitability of their company before selling it. He is also able to assist buyers in mitigating the risks involved in a business transaction. Brian resides in Grand Junction with his wife and five children. When he is not working, he enjoys recreating in the high country of the Rocky Mountains. Whether it is sitting at 13,000 feet watching some bighorn sheep or calling in a large bull elk during the rut, Brian won’t miss an opportunity to be hunting the vast expanse of the Rocky Mountain country. Achievements Top Commercial Producer – Bray Real Estate, 2016-2021 Broker of the Year – Rocky Mountain Commercial Brokers, 2018 Affiliations Member – Rocky Mountain Commercial Brokers Member – Grand Junction Rotary Club Member – Grand Junction Chamber of Commerce Member - The Society of Industrial & Office Realtors (SIOR) *The Society of Industrial & Office Realtors (SIOR) designation is a professional achievement for highly qualified commercial real estate practitioners with a strong transactional history in brokerage, fee-based services, or executive management.