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    631 Margarita Dr Grand Junction, CO 81507

    For Sale
    $165,000

    LAND - Grand Junction, CO

    Type:Single Family Residence
    Lot size:
    0.21 Acres
    Days on Market:
    217
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 631 Margarita Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    2947-154-62-009
    Lot size
    0.21 Acres

    Utilities

    Water source
    Public

    RIVER CITY REAL ESTATE, LLC (970) 248-8501

    Listing agent Westco Team (970) 260-9948

    Listing date May 6, 2025

    MLS# 20251741 Listing URL

    Overview

    Residential Land in Grand Junction

    This vacant lot is located in Monument Ridge Estates, a designed community where lifestyle and location come together. The property is situated in a promising new neighborhood, minutes from downtown Grand Junction, schools, shopping, dining, the Colorado National Monument, and Powderhorn Mountain Resort. The lot is one of ten premium lots available, with six lots already sold and construction underway. The property features a generous lot size and peaceful, scenic surroundings. Utilities are at the curb and ready for build. The location is minutes from Grand Junction's amenities and outdoor adventure. With 47 homes planned, the property is part of a cohesive, high-value neighborhood in Redlands, Grand Junction. The lot is suitable for builders, investors, or families looking to create a dream home. The lot size is 0.21 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.6641785
    Latitude
    39.09502146

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    FAQs

    What type of property is this?
    Land - Vacant lot in a promising new neighborhood near downtown.
    Where is this land located?
    The property is located at 631 Margarita Dr Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Prime location minutes from downtown Grand Junction, schools, shopping, dining, Colorado National Monument, and Powderhorn Mountain Resort.; - Generous lot sizes with scenic surroundings, ready for custom home design.; - Utilities at the curb, ready for building.
    (970) 260-9948
    Request Owner's contact information
    631 Margarita Dr Grand Junction, CO 81507
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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
    631 Margarita Dr Grand Junction, CO 81507
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