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    Penny Ln, Unit 2 Grand Junction, CO 81504

    For Sale
    $92,000

    LAND - Ranch - Grand Junction, CO

    Type:Single Family Residence
    Lot size:
    0.14 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 8 at 7:06 pm

    Property Features for Penny Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.14 Acres

    Utilities

    Water source
    Public

    Building Details

    Floors in Building
    1
    Architectural style
    Ranch

    BRAY REAL ESTATE (970) 242-3647

    Listing agent Ron Sechrist (970) 260-7653

    Listing date Aug 28, 2025

    Overview

    Grand Junction Residential Land Lot

    This 0.14-acre lot is located in the newly developed Silver Oak Subdivision in Grand Junction, CO. Situated in the northeast area, it offers convenient access to the eastern part of the valley. The property features flat, level ground, making it easy to build on. Specifically, it is located north of F Road (Patterson) at approximately 31 3/4 Road, with access from Entrada Street to Jamison Avenue.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.489
    Latitude
    39.081

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    FAQs

    What type of property is this?
    Residential land & home lot - Newly developed residential lot in Silver Oak Subdivision.
    Where is this residential land & home lot located?
    The property is located at Penny Ln, Unit 2 Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $92,000.
    What are key features of this property?
    This property features: - Easy to build on: Flat, level ground simplifies construction.; - Newly developed: Located in the Silver Oak Subdivision, offering modern infrastructure.; - Convenient location: Easy access to the East part of the valley.
    (970) 260-7653
    Request Owner's contact information
    Penny Ln, Unit 2 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
    Penny Ln, Unit 2 Grand Junction, CO 81504
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