Mixed-Use Development Land
For Sale
$825,000
171 Lake Road, Grand Junction, CO 81507
Land, Grand Junction, CO
Property Size753 SF
Lot Size8.62 Acres
Price / SF$1,095
Days on Market103
Property Features for 171 Lake Road
General Information
Property type
Land
Property subtype
Duplex
Zoning description
MU-2
Parking features
Garage
Exterior features
Fence
Fencing
Fenced
Lot features
Corner Lot, Irregular Lot, Wooded
Elementary school
Scenic
Middle school
Redlands
High school
Grand Junction
Directions
Take Broadway/Highway 340 west towards Monument Road/Dike Road. Take Dike Road north; entrance to property located on corner of Power Road and Lake Road.
Subdivision
Redlands
Standard status
Active
APN
2945-164-00-290
Size
753 SF
Lot size
8.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1479
Utilities
Water source
Public
Building Details
Year built
2017
Floors in Building
1
Architectural style
Ranch
Additional Structures
Garage(s)
Listing Agency:
BRAY/COMMERCIAL
(970) 241-2909
Listed By:
Brian Bray · License #FA40038007
(970) 986-0446
Added: May 15
Changed: Aug 24
Last Checked: Aug 25 at 7:06AM
MLS# 20262309
Copyright © 2026 Grand Junction Area Association of Realtors. 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.
This is an 8.62-acre land parcel positioned for multi-family or mixed-use development under existing zoning. The property is offered for sale and provides a sizable site for future residential-oriented plans.
The location places the parcel directly behind a grocery store-anchored shopping center, with proximity to downtown. The site also offers direct access to the Riverfront Trail system for hiking and biking, and it is near Colorado State Park connected lakes and the Colorado River.
Overall, the property’s combination of mixed-use zoning and direct trail access supports a range of development concepts that can be adapted to the surrounding residential and retail context.
The location places the parcel directly behind a grocery store-anchored shopping center, with proximity to downtown. The site also offers direct access to the Riverfront Trail system for hiking and biking, and it is near Colorado State Park connected lakes and the Colorado River.
Overall, the property’s combination of mixed-use zoning and direct trail access supports a range of development concepts that can be adapted to the surrounding residential and retail context.
Key Highlights
- Ideal for multi‑family housing development.
- Zoning allows for mixed‑use development.
- Located directly behind a grocery store‑anchored shopping center and with proximity to downtown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 81507, CO
16,053
Population
7,256
Households
2.2
Avg Household Size
51
Median Age
56%
College-Educated
98%
High-School Grad
112.2 sq mi
ZIP Area
143
Density / Sq Mi
$106,039
Median Household Income
$53,084
Median Earnings
$1,580
Median Rent
$491,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large land parcel with mixed-use zoning and direct access to the Riverfront Trail system.
Where is this residential land & home lot located?
The property is located at 171 Lake Road Grand Junction, CO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Ideal for multi‑family housing development.; Zoning allows for mixed‑use development.; Located directly behind a grocery store‑anchored shopping center and with proximity to downtown.
