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Property profile & analytics
OFF-MARKET
Land

2487 Independent Ave Grand Junction, CO 81505

Property ID
Property summary
AI-generated overview

This exceptional 1.56-acre commercial land parcel presents a unique investment opportunity in Grand Junction, Colorado. Located at 2487 W. Independent Avenue, this single-tenant property boasts unparalleled visibility due to its prime location along Interstate 70, making it ideal for a billboard site. The property is zoned to accommodate a diverse range of uses, including retail, restaurant, industrial, and automotive businesses. Its central Grand Junction location places it within a half-mile radius of major national retailers such as Mesa Mall, Walmart, Lowe's, Home Depot, Sam's Club, Sprouts, Natural Grocers, and City Market, ensuring high traffic and customer accessibility. The land is available for a ground lease, offering flexibility for potential developers and businesses. This property represents a rare chance to establish a presence in a thriving commercial corridor with exceptional visibility and proximity to established retail giants. The property is situated in Mesa County, Colorado, and has a zip code of 81505. The coordinates are 39.0814571 latitude and -108.5899136 longitude. This is a 2-acre parcel of land suitable for a variety of commercial and industrial uses.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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