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Property profile & analytics
FOR SALE
Commercial real estate

171 Lake Rd Grand Junction, CO 81507

8.62 ac lot
Property ID
US13-1212274
Property summary
AI-generated overview

This exceptional 8.62-acre commercial land parcel in Grand Junction, Colorado, presents a unique investment opportunity. Located at 171 Lake Rd, 81507, the property boasts MU-2 zoning, allowing for versatile development options, including multi-family housing and other commercial uses. Its prime location directly behind a shopping center anchored by a grocery store ensures high visibility and convenient access for future businesses or residents. The property's proximity to downtown Grand Junction further enhances its appeal. Adding to its desirability, the land borders the Riverfront Trail, offering residents and patrons access to hiking and biking trails, Colorado State Park Connected Lakes, and the Colorado River. The APN is 2945-164-00-290. This strategic location, combined with the flexible zoning and attractive natural surroundings, makes this property an ideal choice for developers seeking a high-potential investment in a thriving Colorado community. The asking price is $825,000. This is a rare opportunity to acquire a significant land parcel with exceptional development potential in a desirable location. Don't miss out on this chance to shape the future of Grand Junction.

Property profile
Verified
Property type Commercial real estate
Lot 8.62 ac (375,487 SF)
APN 2945-164-00-290
UPID US13-1212274
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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