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    2718 Patterson Rd Grand Junction, CO 81506

    For Sale
    $1,200,000

    MULTI_FAMILY - Other - Grand Junction, CO

    Property size:
    3,520 SF
    Lot size:
    0.89 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 2718 Patterson Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 8, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 7, Bathroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    2945-013-00-014
    Patio and Porch features
    Deck
    Pets allowed
    Yes
    Appliances
    Dishwasher, ElectricOven, ElectricRange, Disposal, Refrigerator
    Size
    3,520 SF
    Lot size
    0.89 Acres

    Utilities

    Heating system
    Hot Water(Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1977
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Laminate, Simulatedwood, Carpet
    Building materials
    WoodSiding, WoodFrame
    Roof type
    Composition, Asphalt
    Architectural style
    Other

    VENTURE GROUP (970) 778-0796

    Listing agent Kyle Serrano (970) 778-0796

    Listing date Nov 19, 2025

    MLS# 20255402 Listing URL

    Overview

    Grand Junction Multifamily and Office

    This property features a 4-plex and a 1,440-square-foot commercial office modular, situated on Patterson Road near the intersection of 12th and Patterson, across from the 12th Street City Market in Grand Junction, Colorado. The property represents an investment opportunity with existing income and commercial development potential. Located on a 0.89-acre lot, the property is zoned MU-1, which allows for various commercial and multi-family uses. It is located in the Commercial Comp Plan (Future Land Use) and has direct access to Patterson Road, which experiences high traffic volume. The property offers options to maintain its current cash flow, develop it as a commercial pad site, or consider redeveloping the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bird Paul Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.549866
    Latitude
    39.092182

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    FAQs

    What type of property is this?
    Quadplex - Multifamily and commercial office on a 0.89-acre lot.
    Where is this quadplex located?
    The property is located at 2718 Patterson Rd Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime location on Patterson Road with high traffic counts and commercial development potential.; - Zoned MU-1, allowing for diverse commercial and multi-family uses.; - Located in the Commercial Comp Plan (Future Land Use), indicating future growth potential.
    (970) 778-0796
    Request Owner's contact information
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    Grand Junction, CO 81506
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    Realmo Value Estimation

    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.

    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.

    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
    2718 Patterson Rd Grand Junction, CO 81506
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