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    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Elaine M Huffman
    Elaine M Huffman
    since 2025
    7 recorded transactions
    2025
    2024
    2023
    2021
    $350,000
    2020
    2018
    2014
    $360,000
    Zoning & alternative use
    R-0 · Grand Junction, CO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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