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2691 Highway 50
Grand Junction, CO 81503
Land For Sale
·
0.58 AC
INVESTMENT HIGHLIGHTS
- Zoning uses including multifamily housing, daycare facility, community assembly, medical/dental offices, animal care/clinics, and MORE
- Mixed-use (commercial and residential) land for development off Highway 50.
EXECUTIVE SUMMARY
This 25,264 sq. ft. lot on Highway 50 in the heart of Orchard Mesa offers an exceptional chance to develop a mixed-use property with significant potential. With multifamily use already permitted, the site is shovel-ready for an 8-unit apartment complex, complete with engineered drawings. The owner is even open to developing the site for the buyer.
Key Features:
• Ready for Development: All essential utilities (water, sewer, power) are in place, and off-site improvements are complete, including a 2-inch water tap for immediate use.
• 8-Unit Apartment Potential: Up to 8,000 sq. ft. of buildable space can accommodate eight spacious 2-bedroom, 2-bathroom units.
• Versatile Zoning: The property's flexible zoning allows for a wide array of uses beyond multifamily, including:
o Daycare facilities
o Community assembly
o Medical/dental offices
o Animal care/clinics
o Taverns/breweries
o Restaurants
o Retail sales
o Minor vehicle repair
o Vehicle fuel and service stations
o Car washes
o And much more!
• Ideal Location: Situated amidst established residential subdivisions and businesses, the property benefits from its proximity to Dos Rios Elementary and popular franchises like Subway, Taco Bell, Dominos, and Dairy Queen, ensuring high visibility and demand.
This highly desirable location and versatile zoning make this lot an excellent investment with endless development opportunities.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.58 AC |
| Zoning | MU-2 - Multifamily, Daycare, Assembly Community, Medical/Dental, Animal Care/Clinic, Tavern/Brewery, Restaurant, Offices, Retail Sales, and more | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.58 AC |
| Zoning | MU-2 - Multifamily, Daycare, Assembly Community, Medical/Dental, Animal Care/Clinic, Tavern/Brewery, Restaurant, Offices, Retail Sales, and more |
1 LOT AVAILABLE
Lot 2
| Price | $429,000 | Lot Size | 0.58 AC |
| Price Per AC | $739,655.17 |
| Price | $429,000 |
| Price Per AC | $739,655.17 |
| Lot Size | 0.58 AC |
Prime Mixed-Use Development Opportunity on Orchard Mesa -25,264 SF lot on Hwy 50 offers an exceptional chance to develop a mixed-use property w/ significant potential.
DESCRIPTION
Prime Mixed-Use Development Opportunity on Orchard Mesa This 25,264 sq. ft. lot on Highway 50 in the heart of Orchard Mesa offers an exceptional chance to develop a mixed-use property with significant potential. With multifamily use already permitted, the site is shovel-ready for an 8-unit apartment complex, complete with engineered drawings. The owner is even open to developing the site for the buyer. Key Features: • Ready for Development: All essential utilities (water, sewer, power) are in place, and off-site improvements are complete, including a 2-inch water tap for immediate use. • 8-Unit Apartment Potential: Up to 8,000 sq. ft. of buildable space can accommodate eight spacious 2-bedroom, 2-bathroom units. • Versatile Zoning: The property's flexible zoning allows for a wide array of uses beyond multifamily, including: o Daycare facilities o Community assembly o Medical/dental offices o Animal care/clinics o Taverns/breweries o Restaurants o Retail sales o Minor vehicle repair o Vehicle fuel and service stations o Car washes o And much more! • Ideal Location: Situated amidst established residential subdivisions, the property benefits from its proximity to Dos Rios Elementary and popular franchises like Subway, Taco Bell, Dominos, and Dairy Queen, ensuring high visibility and demand. This highly desirable location and versatile zoning make this lot an excellent investment with endless development opportunities.
PROPERTY TAXES
| Parcel Number | 2945-261-41-002 | Improvements Assessment | $0 |
| Land Assessment | $25,730 | Total Assessment | $25,730 |
PROPERTY TAXES
