630 7Th StGrand Junction, CO 81501

  • Industrial properties
  • 62,254 SF
For Sale

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
630 7Th St, Grand Junction, Colorado

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2015
$31,447
$102,580
$155,670
$258,250
-
$353,710
$536,800
$890,510

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