171 Lake Rd Grand Junction, CO 81507
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.