2210 Highway 6 And 50 Grand Junction, CO 81505
- Turn key restaurants
- 3,840 SF
- 6.03 lot acres
Current Use by Public Records
- D&M Paving CO / Asphalt Contractor
- El Mescal Family Mexican Restaurant & Bar / Mexican Restaurant
- El Mescal Family Mexican Restaurant and Bar / Mexican Restaurant
Property Details for 2210 Highway 6 And 50
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 6.03 lot acres
- Property size
- 3,840 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 2701-313-05-013
- APU
- 270131305013
Description
This exceptional 7,000-square-foot warehouse, situated on a half-acre lot at the high-traffic intersection of Highway 6 & 50 and Sanford in Grand Junction, Colorado, presents a unique investment opportunity. Built in 1972, this single-story Class C building offers significant potential. Currently vacant, the entire space is available for lease. The property boasts convenient access and high visibility, nestled amongst established businesses including a Red Roof Inn, El Mescal Restaurant, Pilot Travel Center, and TA Express, ensuring substantial vehicle traffic. Zoned C-2, this versatile property allows for a wide range of uses, including medical/dental clinics, offices, personal services, retail, quick-service restaurants, and light industrial businesses. The property includes covered and uncovered designated parking spaces. While there are no elevators, the single-story design promotes easy accessibility. The owner has initiated the subdivision process, projected for completion in December 2026. Adjacent vacant parcels are also available for lease. Electricity is already connected to the warehouse, and the owner will provide water and sewer taps. This prime location in Mesa County (zip code 81505) offers unparalleled exposure and growth potential. Please note that the adjacent hotel is not included in this offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,725,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,390,000
- 6.5%
- $6,205,000
- 7%
- $6,125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,805,000
- Geo Method
- $5,935,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,805,000
- Retail
- $5,570,000
- Mixed-Use
- $5,875,000
- Hospitality
- $6,745,000
- Educational
- $5,785,000
- Residential Income
- $5,850,000
- Energy
- $6,825,000
- Income-Based Land
- $6,135,000
- Food Service
- $6,480,000
Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.642
- Latitude
- 39.1105
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
