Orchard Mesa Commercial
For Sale
Contact for pricing
2706 HWY 50, Grand Junction, CO 81503
Turnkey commercial property with drive-thru, high visibility, and expansion potential.
Property Size1,440 SF
Lot Size0.60 Acres
Price / SF$392.36
Days on Market142
Property Features for 2706 HWY 50
General Information
Standard status
Active
Size
1,440 SF
Total Parking Spaces
14
Lot size
0.60 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
MU-2
Building Details
Year Built
1977
Year Renovated
1995
Buildings
1
Stories
1
Listing Agency:
S.U.R.E., LLC
Listed By:
Katie Davis · License #CO FA.100094662
(970) 241-2909
Source:
Crexi
Added: May 26
Changed: Oct 6
Last Checked: Oct 12 at 5:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.U.R.E., LLC
Investment Insights
Based on property information with market context.
This commercial property is located at the intersection of residential and business areas in Orchard Mesa. The property includes a drive-thru window, suitable for financial services, specialty retail, or quick-service concepts. The building has 1,440 square feet of space and features a waiting area, a large open office bullpen, and three built-in teller/service stations. It also includes two private offices, a dedicated IT room, a private restroom, and a dedicated break room. The property is situated on a 0.60-acre lot with MU-2 zoning and direct Highway 50 exit access. There are 14 dedicated paved parking spaces. The property has high-visibility signage and additional land for expansion.
Key Highlights
- Prime location at the intersection of residential and business areas in Orchard Mesa with direct Highway 50 exit access.
- Highly desirable drive‑thru window suitable for various business types.
- Generous 0.60‑acre lot with MU‑2 zoning offering expansion potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,161
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,220
$423.2K
Cap Rate 7%
$302,300
$302.3K
Cap Rate 9%
$235,122
$235.1K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$30.6K $21.24/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$28.2K $19.59/SF
− OpEx
−$7.1K −$4.90/SF
NOI
$21.2K $14.70/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,220
Cap Rate 7%
$302,300
Cap Rate 9%
$235,122
Alternative Uses
Best Use
Specialty Retail
$302.3K
$264.5K – $352.7K
NOI $21,161 @ 7.0% cap · market cap 3.75%
Second Best
Mixed Use
$92.5K
$81.0K – $107.9K
NOI $6,476 @ 7.0% cap · market cap 1.15%
Theoretical Best
Healthcare Medical
$2.73M
$2.39M – $3.19M
NOI $191,290 @ 7.0% cap · market cap 33.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 81503, CO
16,121
Population
6,567
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
733
Density / Sq Mi
$71,681
Median Household Income
$36,918
Median Earnings
$1,015
Median Rent
$307,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Turnkey commercial property with drive-thru, high visibility, and expansion potential.
Where is this mixed-use property located?
The property is located at 2706 HWY 50 Grand Junction, CO.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Prime location at the intersection of residential and business areas in Orchard Mesa with direct Highway 50 exit access.; Highly desirable drive‑thru window suitable for various business types.; Generous 0.60‑acre lot with MU‑2 zoning offering expansion potential.
