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    3145 1/2 Rd Grand Junction, CO 81504

    For Sale
    $695,000

    1.4-Acre Development Opportunity, I-70 Corridor

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.4-acre commercial land parcel presents a prime development opportunity in Grand Junction, Colorado. Located at 3145 E ½ Rd Lot 5 (APN 2943-103-00-149), this property boasts a highly desirable location along the busy I-70 Business Loop, experiencing a significant daily traffic count of 20,000 vehicles. Its strategic positioning offers unparalleled visibility and accessibility for any commercial venture. The property is zoned MU-2, providing flexibility for a wide range of commercial and retail uses. This zoning designation opens doors to numerous development possibilities, catering to diverse business needs. The site's proximity to established businesses, including a Walmart Neighborhood Market and Central High School, further enhances its appeal and potential for success. This location offers convenient access to a substantial customer base and a thriving community. The asking price for this exceptional development opportunity is $695,000. Don't miss this chance to acquire a highly sought-after commercial land parcel in a rapidly growing area of Grand Junction. The property is owned by VIA Real Estate. This is a rare opportunity to capitalize on the significant potential of this prime location. Serious inquiries are encouraged.

    Property Features for 3145 1/2 Rd

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • $695,000 asking price for 1.4‑acre commercial land parcel.
    • Located on the busy I‑70 Business Loop with 20,000 average daily traffic.
    • Excellent location near Walmart Neighborhood Market and Central High School.
    • MU‑2 zoning permits diverse commercial and retail uses.
    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
    -108.471497
    Latitude
    39.083998

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    FAQs

    What type of property is this?
    Land - 1.4-Acre Development Opportunity, I-70 Corridor
    Where is this land located?
    The property is located at 3145 1/2 Rd 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: $695,000 asking price for 1.4-acre commercial land parcel.; Located on the busy I-70 Business Loop with 20,000 average daily traffic.; Excellent location near Walmart Neighborhood Market and Central High School.
    (970) 244-6602
    Request Owner's contact information
    3145 1/2 Rd 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
    3145 1/2 Rd Grand Junction, CO 81504
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