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    484 Sparn St Grand Junction, CO 81501

    For Sale
    $950,000

    High-traffic corner lot, lease option available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.8-acre commercial lot is ideally situated on a four-corner light in Grand Junction, Colorado, at 484 Sparn St, 81501. Boasting an excellent location with high visibility, this property benefits from exposure to an estimated 29,000 cars daily. All utilities are readily available, simplifying development plans. The property is zoned for commercial use, offering a wide range of development possibilities. The 100% ownership provides complete control and flexibility for the buyer. This prime location presents a significant opportunity for investors seeking a high-traffic commercial site with a potential lease option. The property's strategic placement at a major intersection ensures maximum visibility and accessibility, making it an attractive proposition for a variety of businesses. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

    Property Features for 484 Sparn St

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • 0.8‑acre commercial lot in Grand Junction, CO, at 484 Sparn St, 81501.
    • High‑visibility four‑corner location with estimated 29,000 cars daily.
    • All utilities available, simplifying development.
    • Commercially zoned for diverse development options.
    • 100% ownership with potential lease option.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Epic Car Wash Car Wash

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.51581028
    Latitude
    39.07541157

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, lease option available.
    Where is this land located?
    The property is located at 484 Sparn St Grand Junction, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 0.8-acre commercial lot in Grand Junction, CO, at 484 Sparn St, 81501.; High-visibility four-corner location with estimated 29,000 cars daily.; All utilities available, simplifying development.
    Request Owner's contact information
    484 Sparn St Grand Junction, CO 81501
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    Grand Junction, CO 81501
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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
    484 Sparn St Grand Junction, CO 81501
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