Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    789 23 Rd Grand Junction, CO 81505

    For Sale
    $11,000,000

    COMMERCIAL - Grand Junction, CO

    Lot size:
    68.20 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 9 at 5:06 pm

    Property Features for 789 23 Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    2701-311-25-001
    Lot size
    68.20 Acres

    Utilities

    Water source
    Public

    RE/MAX 4000, INC (970) 241-4000

    Listing agent Ray Rickard, Ccim (970) 250-1128

    Listing date May 2, 2025

    Overview

    Grand Junction Planned Development Land

    This 68.2-acre property in Grand Junction, CO, is a planned development opportunity. The development plan includes 33 acres for single-family residential use (detached and attached residential), 8 acres for high-density residential use (apartments and condominiums), and 2 acres for mixed residential and neighborhood center use. Approximately 12.5 acres are designated for internal right-of-way (ROW), and 13.65 acres are allocated as open space. The development is planned to be constructed within 8 phases. The proposed density ranges from 500 to 625 units, with an overall density between 7 and 9 dwelling units per acre. A joint venture with "EcoSmart Solution" is possible. Additional development information is available in associated documents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Hotel & Motel Gym & Fitness Auto Repair Shop Department Store Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.627685
    Latitude
    39.117244

    Nearby Similar for Sale

    • $5,200,000
      24,213 SF

      Two Rivers Winery and Events

      Award-winning winery and event center in Colorado Wine Country.
      2087 Broadway, Grand Junction, CO 81507
      View Details
    • $1,000,000
      2,250 SF

      Downtown Grand Junction Restaurant Opportunity

      Updated restaurant with expansion potential in downtown Grand Junction.
      626 Rood Ave, Grand Junction, CO 81501
      View Details
    • $1,099,000
      6,664 SF

      Downtown Grand Junction Mixed-Use Opportunity

      Renovated 1907 Victorian gem with commercial and residential spaces.
      861 4Th St, Grand Junction, CO 81501
      View Details
    • $4,243,000
      14,254 SF

      New Construction Townhome Units Investment

      Eleven turnkey townhome units in Grand Junction, all currently rented.
      2778 Caspian Way, Grand Junction, CO 81503
      View Details
    • $797,000
      2,880 SF

      Spacious Duplex in Prime Location

      Well-maintained duplex in Grand Junction's coveted 81507 zip code.
      2422 Hidden Valley Dr, Grand Junction, CO 81507
      View Details
    • $1,700,000
      6,159 SF

      Four Single-Family Investment Homes

      Four modern homes in Grand Junction, fully leased until 2026.
      215 Shadow Mesa St, Grand Junction, CO 81503
      View Details

    FAQs

    What type of property is this?
    Land - 70 acre planned development land in Grand Junction, Colorado.
    Where is this land located?
    The property is located at 789 23 Rd Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: - 70-acre planned development.; - 33 acres designated for single-family residential.; - 8 acres allocated for high-density residential.
    (970) 250-1128
    Request Owner's contact information
    789 23 Rd Grand Junction, CO 81505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    789 23 Rd
    Grand Junction, CO 81505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    789 23 Rd Grand Junction, CO 81505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.