3226 Springfield RdGrand Junction, CO 81503

Property Details for 3226 Springfield Rd

Lot size

2.57 AC

Zone code

I-1

Property type

Industrial land

APN

2943-352-01-005

APU

294335201005

Description

This exceptional 2.57-acre commercial lot in Grand Junction, Colorado, presents a unique investment opportunity. Situated in Springfield Estates, this property boasts I-1 zoning, ideal for a variety of industrial or commercial uses. The land is already improved, featuring a fully fenced perimeter with an automated gate, leveled and graded terrain, and gravel surfacing. A significant advantage is the availability of an unassembled 80' x 100' white metal building kit with an 18' eave height and two 14' overhead doors, offered for an additional $350,000. Note that this kit requires assembly, and any associated permits and construction costs are the responsibility of the tenant. Currently, there are storage containers on the site

• CAP approach

  CAP return

  Valuation

  6%

  $45,360,500

  6.5%

  $41,871,300

  7%

  $38,880,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,451,600

  Geo Method

  $14,798,800

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $21,569,800

  Mixed-Use / Specialty

  $21,570,400

  Hospitality / Lodging

  $15,926,500

  Office

  $21,523,000

  Institutional / Educational

  $22,452,200

  Residential Income

  $26,269,100

  Multifamily

  $31,075,900

  Automotive / Energy

  $19,244,800

  Parking / Income-Based Land

  $6,564,530

  Restaurant / Food Service

  $11,384,400

  Healthcare / Senior Housing

  $22,040,500

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.0313

Longitude

-108.455

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].