630 7Th StGrand Junction, CO 81501
- Industrial properties
- 62,254 SF
Property Details for 630 7Th St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.50 AC
- Property size (Sq ft)
- 62,254 SF
- Zone code
- C-2
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 2945-231-01-028
- APU
- 294523101028
Description
This exceptional 2.6-acre commercial land parcel, situated at 630 South 7th Street in Grand Junction, Colorado, presents a unique investment opportunity. The property is ideally located for retail development, offering excellent north/south connectivity via 7th Street to Riverside Parkway. Currently, a 35,280 square foot building occupies the site, providing options for renovation, demolition, or a build-to-suit project. The location within Grand Junction's growing trade area, coupled with its proximity to the downtown core, makes it highly attractive. This underserved market is ripe for development, particularly for grocery and food & beverage establishments. Furthermore, the property benefits from the incentives offered by the Business Improvement District and Downtown Development Authority, making this a compelling proposition for developers seeking a prime location with significant potential for growth and return. The property's zip code is 81501, and it's located in Mesa County. The site is available for both outright sale and ground lease arrangements. This presents a flexible opportunity for various development scenarios. The property's prime location and the potential for significant incentives make this a truly remarkable opportunity in a thriving Colorado market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $13,095,266
- Hospitality
- $11,995,193
- Educational
- $9,979,860
- Medical
- $10,323,082
- Retail
- $15,524,226
Location Insight
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Latitude
- 39.0625
- Longitude
- -108.56
- CBSA code
- 24300
- CBSA name
- GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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