2935 Patterson Rd, Grand Junction, CO 81504-3101
This exceptional mixed-use property at 2935 Patterson Road in Grand Junction, Colorado, presents a compelling investment opportunity. Priced at $844,000, this 5,876 square foot building sits on a 0.68-acre lot and boasts a highly desirable location with excellent visibility and direct access to Patterson Road. The building, constructed in 1971 and classified as Class B, features two stories and offers a versatile layout suitable for a variety of uses. The main level showcases an open floor plan, ample picture windows, private entrances, and separate men's and women's restrooms. The lower level includes offices, two break rooms, ADA-compliant access, and a private entrance. The property includes paved and gravel parking areas, providing ample parking for tenants and visitors. A key advantage is the prominent pole signage along Patterson Road, enhancing visibility and attracting potential customers. The MU-1 zoning allows for a wide range of uses, including residential, commercial, and many other possibilities, such as single-family residences, multi-family dwellings, group living facilities, daycare centers, community assembly spaces, funeral homes, vocational trade schools, medical/dental clinics, animal care facilities, brew pubs/distilleries, restaurants, mobile food vendors, offices, personal service businesses, and small retail sales and service establishments. This property offers a unique blend of functionality, location, and zoning flexibility, making it an ideal investment for owner-users or investors seeking a high-return opportunity in a thriving market. The price per square foot is among the lowest on Patterson Road, representing a significant value proposition. The property's features, combined with its strategic location and flexible zoning, make it an attractive prospect for a diverse range of potential uses.
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MESA MORTUARY Social Service Agency
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Angel Valley Burial & Cremation Cremation Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-0 · Grand Junction, COGrand Junction. Always verify with local authorities before improvements.
Costs & Benchmarks
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.