2210 Highway 6 And 50Grand Junction, CO 81505

Property Details for 2210 Highway 6 And 50

Year built

1982

Construction

WOOD

Lot size

6.03 AC

Property size (Sq ft)

3,840 SF

Zone code

C-2

Property type

Turn key restaurants

APN

2701-313-05-013

APU

270131305013

Description

This exceptional 7,000-square-foot warehouse, situated on a half-acre lot at the high-traffic intersection of Highway 6 & 50 and Sanford in Grand Junction, Colorado, presents a unique investment opportunity. Built in 1972, this single-story Class C building offers significant potential. Currently vacant, the entire space is available for lease. The property boasts convenient access and high visibility, nestled amongst established businesses including a Red Roof Inn, El Mescal Restaurant, Pilot Travel Center, and TA Express, ensuring substantial vehicle traffic. Zoned C-2, this versatile property allows for a wide range of uses, including medical/dental clinics, offices, personal services, retail, quick-service restaurants, and light industrial businesses. The property includes covered and uncovered designated parking spaces. While there are no elevators, the single-story design promotes easy accessibility. The owner has initiated the subdivision process, projected for completion in December 2026. Adjacent vacant parcels are also available for lease. Electricity is already connected to the warehouse, and the owner will provide water and sewer taps. This prime location in Mesa County (zip code 81505) offers unparalleled exposure and growth potential. Please note that the adjacent hotel is not included in this offering.

• CAP approach

  CAP return

  Valuation

  6%

  $801,528

  6.5%

  $739,872

  7%

  $687,024

• Comparable approach

  Method

  Valuation

  Relative Method

  $812,720

  Geo Method

  $329,951

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,436,240

  Mixed-Use / Specialty

  $739,894

  Hospitality / Lodging

  $546,299

  Office

  $738,268

  Institutional / Educational

  $770,142

  Residential Income

  $901,066

  Multifamily

  $1,065,950

  Automotive / Energy

  $660,122

  Parking / Income-Based Land

  $225,172

  Restaurant / Food Service

  $390,501

  Healthcare / Senior Housing

  $756,020

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.1105

Longitude

-108.642

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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