Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    105 Main St Palisade, CO 81526

    View on Map
    Sponsored
    For Sale
    $298,000

    LAND - Palisade, CO

    Lot size:
    0.14 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 24 at 8:06 pm

    Property Features for 105 Main St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    2937-091-00-034
    Lot size
    0.14 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Jennifer Taylor

    THE CHRISTI REECE GROUP

    Listing agent Jennifer Taylor

    Listing date Mar 24, 2026

    MLS# 20261293

    Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Corner Lot in Palisade

    Located in downtown Palisade, Colorado, the property at 105 Main Street is a corner lot building site. The flat lot is 0.14 acres and zoned mixed-use, allowing for commercial, residential, or hybrid development. Build plans by APEX Design & Drafting are included for a residential duplex with a walkout balcony. Each unit is planned to feature 1,643 square feet with 3 bedrooms, 3 bathrooms, a 1-car garage, and an 830 square foot rooftop. The property offers views of downtown, the Bookcliffs, Mt Garfield, and the Grand Mesa. City water and sewer are available, and taps are paid and included. The lot is low-maintenance with curbs and gutters. The location provides access to Palisade's wine country culture, local eateries, fruit stands, and community spirit. The mixed-use zoning allows for options such as a live-work space, a boutique, or a residence. The property has street frontage on two sides and paved access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palisade
    County
    Mesa
    State
    Colorado
    Longitude
    -108.350716
    Latitude
    39.111942

    Nearby Similar for Sale

    • $2,800,000

      Palisade Orchard and Food Business

      Thriving agricultural and food production business with significant growth potential.
      3376 C Rd, Palisade, CO 81526
      View Details
    • $550,000

      Palisade Retail Building For Sale

      2,190 SF retail building with off-street parking.
      1043 N River Rd, Palisade, CO 81526
      View Details
    • $2,000,000

      Palisade Greenhouse on 18 Acres

      Established greenhouse facility in Palisade, Colorado, with renovation potential.
      3281 C Rd, Palisade, CO 81526
      View Details
    • $2,800,000
      2,880 SF

      Palisade Retail Orchard Business

      Turn-key retail business, prime location.
      3376 C Rd, Palisade, CO 81526
      View Details
    • $725,000

      1043 River Rd, Palisade, CO 81526

      Commercial real estate
      1043 River Rd, Palisade, CO 81526
      View Details
    • $2,995,000
      7,508 SF

      Rocky Mountain Vineyards. A unique fact about their brand is the grandfathered-in law allowing the\u00c3\u0082use of\u00c3\u0082\""Colorado\"" in their brand name

      as well being able use the label name \""Champagne\"" and \""Port\"".\u00c3\u0082 Vineyard and Winery For Sale\u00c3\u0082 Strong Financials Offers Great Investment Opportunity\u00c3\u0082 Great property for weddings and event center. Revenue has grown 3 years in a row. Thoroughly recorded financials and high net profit compared to other vineyard & winery businesses. Cap rate is over 18% at current list price. Possible option to have manager run operations with owner being remote. Colorado Cellars has a strong reputation that makes this a unique opportunity and practical investment. Contact broker for NDA prior to viewing financials. Palisade
      3553 E Rd, Palisade, CO 81526
      View Details
    • $1,500,000
      109,198 SF

      Palisade Greenhouse Complex: Prime Opportunity

      Large-scale greenhouse, 3.95 acres, $1.5M
      1041 River Rd, Palisade, CO 81526
      View Details
    • $2,000,000

      Palisade is available if Buyer desires additional acreage.""""}"""

      Palisade Greenhouse & Business Opportunity
      3281 C Rd, Palisade, CO 81526
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare corner lot in downtown Palisade with included build plans.
    Where is this residential land & home lot located?
    The property is located at 105 Main St Palisade, CO.
    What is the asking price?
    The asking price for this property is $298,000.
    What are key features of this property?
    This property features: - Rare, prime corner lot in the heart of downtown Palisade; - Includes build plans for a residential duplex with rooftop balconies and stunning views; - Mixed-use zoning allows for commercial, residential, or live-work development
    (970) 250-9682
    Request Owner's contact information
    105 Main St Palisade, CO 81526
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    105 Main St
    Palisade, CO 81526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 Main St Palisade, CO 81526
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jennifer Taylor
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!