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    641 Market St Grand Junction, CO 81505

    For Sale
    $3,475,900

    COMMERCIAL - Grand Junction, CO

    Lot size:
    3.90 Acres
    Days on Market:
    248
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 641 Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2945-043-23-003,4,5
    Parking features
    Driveway
    Lot size
    3.90 Acres

    COLDWELL BANKER DISTINCTIVE PROPERTIES (970) 243-0456

    Listing agent Jen Pedersen (970) 201-4468

    Listing date Apr 10, 2025

    Overview

    Grand Junction Commercial Building Opportunity

    This 3.9-acre commercial building site is located along Grand Junction's 24 Road Corridor, adjacent to the recently finished Four Canyons Parkway. Situated within the Timberline Center, the property is zoned for Mixed Use and falls within the Mesa County Opportunity Zone, which offers tax incentives and credits. The location is near City Market, Timberline Bank, Regal Cinemas, Kohl's, Boston's Gourmet Pizza, Grand Junction Subaru & Volkswagen, All-Terrain Motorsports, Home Depot, and Mesa Mall. Other nearby attractions and businesses include Home Depot, Community Hospital, Canyon View Park, and the 24-Road/I-70 interchange. The property consists of three separate parcels, available for purchase individually or as a package. The City of Grand Junction requires one-acre minimum lot sizes. Building and zoning regulations apply.
    Property Profile 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 Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.607146
    Latitude
    39.098037

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    FAQs

    What type of property is this?
    Commercial land - 3.9 acres along 24 Road Corridor in Grand Junction.
    Where is this commercial land located?
    The property is located at 641 Market St Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $3,475,900.
    What are key features of this property?
    This property features: - Prime 3.9-acre commercial building site on high-traffic 24 Road Corridor.; - Located within Mesa County Opportunity Zone, offering potential tax incentives.; - Zoned for Mixed Use within the Timberline Center.
    (970) 201-4468
    Request Owner's contact information
    641 Market St Grand Junction, CO 81505
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    Grand Junction, CO 81505
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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
    641 Market St Grand Junction, CO 81505
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