Commercial Development Land
For Sale
$695,000
697 27 1/2 Court, Grand Junction, CO 81506
LAND, Grand Junction, CO
Property SizeContact for details
Lot Size0.93 Acres
Days on Market63
Property Features for 697 27 1/2 Court
General Information
Property type
Land
Property subtype
Other
Directions
From Roundabout on Horizon Dr and 27 1/2 Rd, left onto 27 1/2 Ct. See signs, property on left.
Standard status
Active
Lot size
0.93 Acres
Listing Agency:
Real Colorado Properties
(970) 256-9700
Listed By:
Omar Richardson
(719) 530-8441
Added: Jun 30
Changed: Aug 19
Last Checked: Aug 31 at 8:06AM
MLS# 831022
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Investment Insights
Based on property information with market context.
This offering is an almost one-acre commercial development land site featuring two existing homes. One home is described as historic and in need of a remodel, while the other is described as currently used as an Air B and B and in great condition. The property is positioned high atop the hill with visibility that supports office and professional service development.
The location is along the Horizon Dr corridor in Grand Junction, with visibility called out for the corner lot. The remarks also reference completion of a new roundabout at 27 1/2 Rd and Horizon Dr, and the adjacent new Starbucks location, both intended to support improved access and continued area activity.
For tenants, buyers, or operators looking to establish a medical, dental, or law office, the site offers an office-focused development setting with room to plan around the existing structures. Because two residences are already on-site, this property may also appeal to users who want options for phased redevelopment or to support near-term use while planning longer-term improvements.
The location is along the Horizon Dr corridor in Grand Junction, with visibility called out for the corner lot. The remarks also reference completion of a new roundabout at 27 1/2 Rd and Horizon Dr, and the adjacent new Starbucks location, both intended to support improved access and continued area activity.
For tenants, buyers, or operators looking to establish a medical, dental, or law office, the site offers an office-focused development setting with room to plan around the existing structures. Because two residences are already on-site, this property may also appeal to users who want options for phased redevelopment or to support near-term use while planning longer-term improvements.
Key Highlights
- Almost an acre of commercial development land on the Horizon Dr corridor
- Two homes on the property: one historic home in need of a remodel
- Second home is currently used as an Air BnB
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 81506, CO
11,412
Population
5,737
Households
2
Avg Household Size
52
Median Age
43%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
477
Density / Sq Mi
$76,464
Median Household Income
$40,705
Median Earnings
$1,211
Median Rent
$428,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Nearly one acre of commercial development land with existing residences, suited for office-oriented uses.
Where is this commercial land located?
The property is located at 697 27 1/2 Court Grand Junction, CO.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Almost an acre of commercial development land on the Horizon Dr corridor; Two homes on the property: one historic home in need of a remodel; Second home is currently used as an Air BnB
