Orchard Mesa Commercial
2706 HWY 50 Grand Junction, CO 81503
For Sale
Contact for pricing
Turnkey commercial property with drive-thru, high visibility, and expansion potential.
Property Size1,440 SF
Lot Size0.60 Acres
Price / SF$434.03
Days on Market60
Property Features for 2706 HWY 50
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Lot size
- 0.60 Acres
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1977
Listing Agency:
S.U.R.E., LLC
(970) 241-2909
Listed By:
Katie Davis · License #CO FA.100094662
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Jul 24 at 6:21PM
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 For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $21.24 |
| − Vacancy | −$2.4k | −$1.65 |
| EGI | $28.2k | $19.59 |
| − OpEx | −$7.1k | −$4.90 |
| NOI | $21.2k | $14.70 |
1,440 SF · lease $21.24/SF/yr · vacancy 7.75% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$302.3K
$264.5K – $352.7K
NOI $21,161 @ 7.0% cap · market cap 3.39%
Second Best
Mixed Use
$92.5K
$81.0K – $107.9K
NOI $6,476 @ 7.0% cap · market cap 1.04%
Theoretical Best
Healthcare Medical
$2.73M
$2.39M – $3.19M
NOI $191,290 @ 7.0% cap · market cap 30.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
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 $625,000.
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.
