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Property profile & analytics
OFF-MARKET Estimated value $345,000
Specialty properties

2935 Patterson Rd Grand Junction, CO 81504-3101

5,920 SF 0.68 ac lot Built 1971
Individually Owned Free & Clear
Property ID
US13-1984108
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,920 SF
Lot 0.68 ac (29,621 SF)
Zoning code R-0
APN 2943-082-60-004
UPID US13-1984108
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
  • MESA MORTUARY Social Service Agency
  • Angel Valley Burial & Cremation Cremation Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k
Owner & transaction history
Elaine M Huffman
Elaine M Huffman
since 2025
7 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
2021
$350,000
2020
Price N/A
2018
Price N/A
2014
$360,000
Zoning & alternative use
R-0 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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