600 28 1/4 Road

Grand Junction, CO 81506 / Out of Area

MLS ID# 162433 Cancelled
Commercial

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$7,529,000

5 acres

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Financing Info
• Details

Description

Grand Junction large mixed use Development property. Very desirable 5+/- acres of Patterson road location with many on and offsite improvements currently completed on the property. Including a 32,500 floor sq. ft. building. 20,000 sq. ft foot print clear story structure that could be 40,000 sq. ft with total build out of second floor. This unique location is well suited for retail, medical, education, and diverse services. Outdoor mall with residential above has been talked about with the planning dept. Property can be divided as to suit the developer with a mixed use development goal. Medium to high density residential would fit a portion of the property in regards to neighboring successful developments.Grand Junction large mixed use Development property. Very desirable 13 + acres of Patterson road location with many on and offsite improvements currently completed on the property. Including a 32,500 floor sq. ft. building. 20,000 sq. ft foot print clear story structure that could be 40,000 sq. ft with total build out of second floor. This unique location is well suited for retail, medical, education, and diverse services. Outdoor mall with residential above has been talked about with the planning dept. Property can be divided as to suit the developer with a mixed use development goal. Medium to high density residential would fit a portion of the property in regards to neighboring successful developments. Busy travel corridor with over 32000 cars per day and developed corners on 3 sides already. A proposed city park is in the planning stages for the land to the north and east of the property as well. GRAND JUNCTION COLORADO ECONOMY Grand Junction has an unemployment rate of 3.9%. The US average is 3.9%. Grand Junction has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%. Tax Rates for Grand Junction - The Sales Tax Rate for Grand Junction is 7.3%. The US average is 7.3%. - The Income Tax Rate for Grand Junction is 4.6%. The US average is 4.6%. - Tax Rates can have a big impact when Comparing Cost of Living. Income and Salaries for Grand Junction - The average income of a Grand Junction resident is $25,899 a year. The US average is $28,555 a year. - The Median household income of a Grand Junction resident is $44,887 a year. The US average is $53,482 a year. HOUSING IN GRAND JUNCTION, COLORADO The median home cost in Grand Junction is $236,900. Home appreciation the last 10 years has been 8.3%. Home Appreciation in Grand Junction is up 8.7%. - The median age of Grand Junction real estate is 32 years old THE RENTAL MARKET IN GRAND JUNCTION - Renters make up 38.0% of the Grand Junction population - 0.9% of houses and apartments in Grand Junction, are available to rent RANKINGS IN GRAND JUNCTION, COLORADO BEST PLACES RANKS THOUSANDS OF PLACES TO LIVE BASED ON ANALYSIS, DATA AND KEY STATISTICS FROM THE U.S. CENSUS AND OUR BEST PLACES TO LIVE EXPERT INSIGHTS. Listing agents Michael Krieg 970 640 4772 & Omar Richardson 719 530 8441 Grand Junction large mixed use Development property. Very desirable 5+/- acres of Patterson road location with many on and offsite improvements currently completed on the property. Including a 32,500 floor sq. ft. building. 20,000 sq. ft foot pri... show more

Location Info

• Type Commercial
• Major Area Out of Area
• Area Within Colorado
• Street # 600
• Street Name 28 1/4
• Street Suffix Road
• City/Town Grand Junction
• State/Province CO
• Postal Code 81506

Keywords Info

• Total Building SqFt 20.001+
• Association Dues No
• Payment Per Unknown

Listing Info

• TB% 3
• BB% 3
• Variable Comm False
• Flat Fee No
• REO No
• Agency Excl Right to Sell
• Member Association Glenwood Association
• Deeds Other

General Info

• SubLoc Out of Area
• County Mesa
• Legal LOT 1 HARVEST SUBDIVIDION SEC 6 1S 1E - 13.93
• Zoning R-8
• Lot SqFt 217800
• Nbr of Acres 5
• Total SqFt 32500
• Account # 2943306347003
• Parcel # 294306347003
• Year Built 2004
• Directions Property is located on northeast corner of Patterson Road and 28 1/4 Road.

Financing Info

• Metro Tax District No
• Taxes 0
• Tax Year 2021
• Transfer Tax No
• Earnest $/% 250000
• Earnest $ Payable To Title Company

Details

• Allowable Uses

  Business w/RE, Office

• Construction

  Steel/Metal

• Substructure

  Slab

• Roof

  Composition Shingles

• Condition

  Good

• Heating/Cooling

  Central AC, Forced Air

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City

• Sanitation

  Sewer

• Parking

  Parking Lot, Paved

• Access

  Paved