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Property profile & analytics
FOR LEASE
Turn key restaurants

2210 Highway 6 And 50 Grand Junction, CO 81505

3,840 SF 6.03 ac lot Built 1982
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-1099475
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction WOOD
Total area 3,840 SF
Lot 6.03 ac (262,667 SF)
Zoning code C-2
APN 2701-313-05-013
UPID US13-1099475
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
Current use
Occupant on record · Public records
  • D&M Paving CO General Contractor Construction Company
  • El Mescal Family Mexican Restaurant & Bar Restaurant
  • El Mescal Family Mexican Restaurant and Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.10M
Owner & transaction history
Basa LLC · 2 yrs held
Basa LLC
since 2023
Last sale
$6.4M
7 recorded transactions
2024
Price N/A
2023
$6.4M
2022
Price N/A
2021
$2.6M
2020
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
C-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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