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2231 Redlands Pky
Grand Junction, CO 81507
Lot 7 - Meadowlark Mixed Use PUD · Land For Sale · 1.84 AC

INVESTMENT HIGHLIGHTS

  • Great views, fronts major street, desirable area of community, flexible zoning, city plan favors development,. Can be combined with adjacent lots.

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units - Condo
  • Healthcare
  • Health Club
  • Hold For Development
  • Medical
  • Neighborhood Center
  • Planned Unit Development
  • Single Family Development
  • Storefront, Retail or Residential
  • Veterinarian or Kennel
Total Lot Size 1.84 AC
Zoning mixed use (C MF SF)

DESCRIPTION

A 1.84-acre building site for $325,000. Zoned mixed-use, commercial or residential development. Located within the city limits of Grand Junction within the Meadowlark Development PUD on the Southeast corner of the intersection of Hwy 340 (Broadway) and the Redlands Parkway, two arterial streets which are the only streets crossing the Colorado River connecting the Redlands area to the bulk of the City of Grand Junction. (see map) Developed with all utilities on site including 3 phase power and all off site improvements completed. Fronts on Redlands Parkway with paved access to the Parkway and Hwy 340 through a shared driveway. Site has beautiful views of the Colorado National Monument. A portion of the site has steep slopes that may limit development. Conceptual plans developed to explore the commercial or residential development potential of the site illustrate that: As a commercial site, Lot 7 can accommodate at least a 21,000 sf 2 story office building or 9,000 sf of office over 9,000 sf of retail and the required parking. Residential uses are also permitted above the retail or office space. With over 200 feet of street frontage on the Redlands Parkway and paved access to Hwy 340 through the development it’s a great location for a professional office building, neighborhood services, live-work businesses. For residential development, a beautiful view of the Colorado National Monument makes it a desirable site for townhomes or small single-family development in a rural setting, but is only 2.5 miles from a major shopping area and larger-scale services. Conceptual plans illustrate that the site can accommodate 11 townhomes (1400 sf with 2 car garages). This lot could be combined with the adjacent 0.8 acre lot 1b. Together these lots can accommodate 18 - 20 townhomes. The sketch plans take into account that approximately 1/4 of Lot 7 is fairly steep, which may limit development on that portion of the site. The surrounding Redlands area is upscale and new residential developments will add considerable traffic to both arterials abutting the PUD. For example, located within 1 mile of the Meadowlark Development, the "Redlands 360 Development" is a 600-acre Development containing a mixture of 1200 to 1400 Single Family Residential lots and (100-400) Multi-Family units. The Meadowlark Development is a 7.5-acre mixed-use PUD allowing commercial and/or residential development. Designated a neighborhood center on City Master Plan. It is within an Enterprise Zone, offering up to $50,000 in state tax credits for redevelopment. (see htts://choosecolorado.com/doing-business/incentives-financing/ez/) Plans for Meadowlark PUD demonstrate that the development can accommodate at least 50,000 sf. of retail/office space and up to 34 residential units of any type The PUD was designed in a campus style and accommodates pedestrian circulation throughout. The conceptual plans and lot capacity estimates referenced in this ad have been reviewed by the City Community Development Department but are in no way binding on future development. More Details 480-252-5788

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2945-182-15-007
Land Assessment
$102,870
Improvements Assessment
$0
Total Assessment
$102,870
  • Listing ID: 13290287

  • Date on Market: 7/26/2018

  • Last Updated:

  • Address: 2231 Redlands Pky, Grand Junction, CO 81507

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