2385 G RdGrand Junction, CO 81505

Property Details for 2385 G Rd

Lot size

7.81 AC

Zone code

MU

Property type

Commercial land

APN

2945-051-20-002

APU

294505120002

Description

This exceptional 7.81-acre commercial land parcel presents a remarkable investment opportunity in Grand Junction, Colorado. Located at 2385 G Road, this property boasts a highly desirable MU zoning designation, allowing for diverse development options including medical offices, multi-family housing, and retail spaces. Its strategic location offers unparalleled accessibility, situated just off the I-70 exit at 24 Road, providing convenient access for commuters and customers. The land is ideally positioned adjacent to the new Community Hospital and Medical Plaza, capitalizing on the significant growth and demand in the healthcare sector. Furthermore, its proximity to Canyon View Park enhances its appeal and provides a desirable amenity for residents and visitors. The asking price is $5,000,000, translating to a land value of $14.70 per square foot. The property's APN is 2945-051-00-114, and it is currently owned by WDM Corp. This prime location in Grand Junction's hottest development area makes this a truly exceptional investment opportunity. Note that an adjacent 4.58-acre parcel, owned by a separate entity, is also available. This presents potential for larger-scale development projects. The property is situated 150 feet west of the first corner south of the I-70 exit at 24 Road and G Road.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $127,243,000

  Retail / Commercial

  $65,548,800

  Mixed-Use / Specialty

  $65,550,700

  Hospitality / Lodging

  $48,399,300

  Office

  $65,406,700

  Institutional / Educational

  $68,230,600

  Residential Income

  $79,829,800

  Multifamily

  $94,437,200

  Automotive / Energy

  $58,483,300

  Parking / Income-Based Land

  $19,949,100

  Restaurant / Food Service

  $34,596,300

  Healthcare / Senior Housing

  $66,979,400

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.1053

Longitude

-108.611

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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