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    2982 Patterson Rd Grand Junction, CO 81504

    Pending
    For Sale
    $1,800,000

    LAND - Grand Junction, CO

    Days on Market:
    40
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 2982 Patterson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    2943-054-01-001

    Utilities

    Water source
    Public

    COLDWELL BANKER DISTINCTIVE PROPERTIES (970) 243-0456

    Listing agent Cindy Ficklin (970) 210-1161

    Listing date Oct 28, 2025

    Overview

    Grand Junction Development Land Opportunity

    This 18.35-acre property in Grand Junction, CO, presents a development opportunity. Of the total acreage, 14.35 acres are zoned RL5 "Residential Low," which allows for detached and attached dwellings, including small-scale multifamily structures. An additional 4 acres are zoned MU-1 "Mixed Use Neighborhood," intended for low-intensity neighborhood services, offices, limited retail uses, and potentially secondary residential uses. The land, formerly known as "Burkey Park," was initially given to the City of Grand Junction by the Burkey Family and later sold to the current sellers. A proposed plat, created by Vortex, outlines 67 lots, although it has not received full approval. The property includes irrigation water rights through Palisade Irrigation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness 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
    -108.499562
    Latitude
    39.092748

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    FAQs

    What type of property is this?
    Land - 18.35 acres of prime development land in Grand Junction.
    Where is this land located?
    The property is located at 2982 Patterson Rd Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - 18.35 acres of development land.; - **14.35 acres zoned RL5 "Residential Low" allowing for various dwelling types.**; - 4 acres zoned MU-1 "Mixed Use Neighborhood" for service, office, retail, and residential uses.
    (970) 210-1161
    Request Owner's contact information
    2982 Patterson Rd Grand Junction, CO 81504
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    Grand Junction, CO 81504
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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
    2982 Patterson Rd Grand Junction, CO 81504
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