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    2901 Teller Ave Grand Junction, CO 81504

    For Sale
    $795,000

    Prime 2.37-acre retail lot, I-70 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.37-acre commercial land parcel presents a remarkable investment opportunity in Grand Junction, Colorado. Located at 2901 Teller Avenue, this property boasts unparalleled visibility and accessibility from Interstate 70 Business Loop (I-70 BL), placing your business in the heart of a thriving commercial corridor. The site fronts the busy 29 Road Corridor, ensuring high traffic volume and significant exposure to potential customers. Future development plans include improved I-70 access, further enhancing the property's strategic location and accessibility. Utilities are readily available, with city sewer and Ute water services conveniently located nearby. This prime location is further enhanced by its designation as a Colorado Opportunity Zone site, offering potential tax advantages for qualified investors. The asking price for this exceptional property is $795,000. Don't miss this chance to secure a premier commercial location with significant growth potential in a rapidly developing area. This is an ideal site for a variety of commercial ventures seeking high visibility and convenient access to major transportation routes. The property is zoned for commercial use and ready for development.

    Property Features for 2901 Teller Ave

    General Information

    Property type
    Land
    Lot Size
    103,237 SF

    HighLights

    • Opportunity Zone designation in Colorado.
    • High‑traffic location with excellent visibility.
    • Strong tenant base with long‑term leases.
    • Significant upside potential for value appreciation.
    • Prime location for development or redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.5163668
    Latitude
    39.0755004

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    FAQs

    What type of property is this?
    Land - Prime 2.37-acre retail lot, I-70 visibility.
    Where is this land located?
    The property is located at 2901 Teller Ave Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Opportunity Zone designation in Colorado.; High-traffic location with excellent visibility.; Strong tenant base with long-term leases.
    (970) 244-6602
    Request Owner's contact information
    2901 Teller Ave Grand Junction, CO 81504
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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
    2901 Teller Ave Grand Junction, CO 81504
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