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    2550 American Way Grand Junction, CO 81501

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    For Sale
    $585,000

    0.69-acre corner lot near shopping, dining, and residential areas.

    Lot size:
    0.69 Acres

    Property Features for 2550 American Way

    General Information

    Lot size
    0.69 Acres

    Source: Bray Commercial Real Estate Agent Brian Bray

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 6&50 Out Parcel

    This 0.69-acre out parcel is located just south of American Furniture Warehouse off Highway 6&50 within the Rimrock Shopping Center. The corner lot benefits from traffic coming from all directions due to its proximity to shopping, dining, entertainment, and residential housing. National anchor tenants such as Walmart, Lowes, Chick-fil-A, Red Robin, and Hobby Lobby are nearby. Across the street is the Railyard at Rimrock, a fully leased, 196-unit apartment complex. The property's MU-2 zoning allows for many uses, and the Colorado Opportunity Zone offers capital gains tax deferment incentives.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.5796778
    Latitude
    39.075055

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    FAQs

    What type of property is this?
    Commercial land - 0.69-acre corner lot near shopping, dining, and residential areas.
    Where is this commercial land located?
    The property is located at 2550 American Way Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - 0.69-acre corner lot with high traffic from all directions.; - Located within the Rimrock Shopping Center, near Highway 6&50 and American Furniture Warehouse.; - Proximity to national anchor tenants: Walmart, Lowes, Chick-fil-A, Red Robin, and Hobby Lobby.
    (970) 986-0446
    Request Owner's contact information
    2550 American Way Grand Junction, CO 81501
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    Grand Junction, CO 81501
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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
    2550 American Way Grand Junction, CO 81501
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