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Commercial or Multi Fam Development

600 28 1/4 Road : Grand Junction, CO 81506

Mesa County, Colorado

6 Acres
$2,599,000 USD $11,500,000
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Property Description

Grand Junction large mixed use Development property.

Very desirable 6 + acres of Commercial or multi family development land for sale off Patterson road location with many on and offsite improvements currently completed on the property.

This unique location is well suited for retail, medical, education, and diverse services. Outdoor mall with residential above has been talked about with the planning dept.

Property can be divided as to suit the developer with a mixed use development goal. Medium to high density residential would fit a portion of the property in regards to neighboring successful developments.

Busy travel corridor with over 32000 cars per day and developed corners on 3 sides already. A proposed city park is in the planning stages for the land to the north and east of the property as well.

Grand Junction Colorado Economy

Grand Junction has an unemployment rate of 3.9%. The US average is 3.9%.

Grand Junction has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Grand Junction

- The Sales Tax Rate for Grand Junction is 7.3%. The US average is 7.3%.

- The Income Tax Rate for Grand Junction is 4.6%. The US average is 4.6%.

- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Grand Junction

- The average income of a Grand Junction resident is $25,899 a year. The US average is $28,555 a year.

- The Median household income of a Grand Junction resident is $44,887 a year. The US average is $53,482 a year.

Housing In Grand Junction, Colorado

The median home cost in Grand Junction is $236,900. Home appreciation the last 10 years has been 8.3%. Home Appreciation in Grand Junction is up 8.7%.

- The median age of Grand Junction real estate is 32 years old

The Rental Market In Grand Junction

- Renters make up 38.0% of the Grand Junction population

- 0.9% of houses and apartments in Grand Junction, are available to rent

Rankings In Grand Junction, Colorado

Best Places Ranks Thousands Of Places To Live Based On Analysis, Data And Key Statistics From The U.S. Census And Our Best Places To Live Expert Insights.

Listing agents Michael Krieg & Omar Richardson

Property Maps & Attachments

More Property Details

Has Residence / Home
Has Commercial Building
Owner Will Subdivide
Mixed Use Zoning
Flat Terrain
Paved Road Access
Electricity Service
Telephone Service
Water Service
Sewer Service
Natural Gas Service
Cable TV Service
Cell Service
Broadband Internet Service
COMMERCIALFLIP ID
224894
MLS / Internal / Other ID
05071-19211
Posted on COMMERCIALFLIP
684 Days Ago
Last Updated
6 Days Ago
Views
560

Property Price History

10/20/21
$2,599,000
$8,901,000
77.4%
Property features, descriptions, details, directions, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by COMMERCIALFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the seller directly regarding this listing.