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    28 28 1/4 Rd Grand Junction, CO 81506

    Pending
    For Sale
    $950,000

    COMMERCIAL - Grand Junction, CO

    Lot size:
    0.90 Acres
    Days on Market:
    432
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 28 28 1/4 Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    2943-063-47-003
    Lot size
    0.90 Acres

    COLDWELL BANKER DISTINCTIVE PROPERTIES (970) 243-0456

    Listing agent Mike Foster (970) 244-6602

    Listing date Sep 30, 2024

    Overview

    Grand Junction Commercial Land Parcel

    This commercial parcel is located at the high-traffic intersection of Patterson Road and 28 1/4 Road in Grand Junction, Colorado. The 0.9-acre vacant land borders local service and medical entities. Its MU zoning allows for multiple opportunities, including multi-family housing, office space, and general retail. This property represents a significant location and investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.5281881
    Latitude
    39.09231371

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    FAQs

    What type of property is this?
    Land - Commercial land parcel in high-traffic area, Grand Junction, Colorado.
    Where is this land located?
    The property is located at 28 28 1/4 Rd Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High-traffic intersection location at Patterson Road and 28 1/4 Road.; - MU (Mixed Use) zoning allows for multi-family, office, and general retail development.; - 0.9 acre commercial parcel.
    (970) 244-6602
    Request Owner's contact information
    28 28 1/4 Rd Grand Junction, CO 81506
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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
    28 28 1/4 Rd Grand Junction, CO 81506
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