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Commercial Development Land with Existing Homes
For Sale
$695,000

697 27 1/2 Court, Grand Junction, CO 81506

COMMERCIAL - Grand Junction, CO

Lot Size0.93 Acres
Days on Market198

Property Features for 697 27 1/2 Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning COM
Fencing Fenced
Subdivision Out of Area
Directions From Roundabout on Horizon Dr and 27 1/2 Rd, turn left onto 27 1/2 Ct. See signs, property will be on your left.
Standard status Active
APN 294501200008
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BEG NE COR NE4NW4 SEC 1 1S 1W S 230FT W 230FT N 230FT E TO BEG EXC RD ROW AS PER B-1426 P-244 THRU 245 MESA CO RECDS
Tax Annual Amount 2842
Legal Description BEG NE COR NE4NW4 SEC 1 1S 1W S 230FT W 230FT N 230FT E TO BEG EXC RD ROW AS PER B-1426 P-244 THRU 245 MESA CO RECDS

Utilities

Water source Public
Listing Agency: United Country Real Colorado Properties
Listed By: Michael S Kreig · License #100002698
Added: Jan 14 Changed: Jun 30 Last Checked: Jul 31 at 10:06PM
MLS# 191353

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The offering is nearly one acre of commercial development land zoned COM, with two homes currently on the property. One structure is described as historic and in need of a remodel, while the other is described as in great condition and being used as an Air B and B.

The site is located on Horizon Drive’s corridor in Grand Junction, positioned high atop the hill for visibility. The property sits near the corner with 27 1/2 Rd and Horizon Dr, and remarks note an additional access improvement from that corner lot is almost complete.

This assemblage can be a practical fit for buyers and developers seeking a commercial site that already includes residential structures. The listing also points to suitability for office-oriented uses such as medical, dental, or law offices, while the existing homes may provide interim utility depending on the buyer’s plans for renovation or redevelopment. All details should be verified for final development and use requirements with the appropriate local authorities.

Key Highlights

  • Prime commercial development land (almost an acre) on Horizon Dr. corridor.
  • High‑visibility location overlooking the new Starbucks and roundabout.
  • Suitable for medical, dental, or law offices.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Dental Office Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 81506, CO

11,412
Population
5,737
Households
2
Avg Household Size
52
Median Age
43%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
477
Density / Sq Mi
$76,464
Median Household Income
$40,705
Median Earnings
$1,211
Median Rent
$428,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Nearly an acre zoned COM with two on-site homes, positioned on a high-visibility corner along the Horizon corridor.
Where is this commercial land located?
The property is located at 697 27 1/2 Court Grand Junction, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prime commercial development land (almost an acre) on Horizon Dr. corridor.; High‑visibility location overlooking the new Starbucks and roundabout.; Suitable for medical, dental, or law offices.
More about this property
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