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697 27 1/2 Ct - Grand Junction CO Commercial Development Land 0.93 Acres of Commercial Land Offered at $779,900 in Grand Junction, CO 81506

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INVESTMENT HIGHLIGHTS

  • Direct view from Horizon Dr
  • Current residential structures in place - 1 functions as an Air BNB for immediate interim income
  • Corner location with 2 entry points
  • Neighboring property is also for sale and includes 1+ acres. Combine these 2 properties for larger commercial development project.

EXECUTIVE SUMMARY

Prime Commercial Development Site: 697 27 1/2 Court, Grand Junction
Location & Market Position
This 0.92-acre commercial property sits at the intersection of Horizon Drive and 27 1/2 Road in Grand Junction's expanding eastern corridor—one of the last undeveloped commercial parcels in a district that has seen sustained investment over the past five years. The site offers elevated positioning with direct visibility from Horizon Drive, the primary east-west connector between downtown Grand Junction and the growing residential developments in east Grand Junction, Mesa County.
The newly completed roundabout at 27 1/2 Road and Horizon Drive, combined with the recent Starbucks development directly below the property, signals the area's transition from residential fringe to established commercial corridor. Traffic counts on Horizon Drive average 19,000 vehicles daily, providing consistent exposure for professional services or retail concepts that benefit from drive-by visibility.
Current Property Configuration
Two existing residential structures occupy the site. The front house, a historic property requiring substantial renovation, represents either adaptive reuse potential or redevelopment opportunity depending on buyer objectives. The rear structure functions as a short-term rental in move-in condition, generating immediate income while development plans proceed or providing temporary office space during construction phases.
Current zoning permits medical, dental, legal, financial, and general professional office uses without additional approvals. The site accommodates up to 20,000 square feet of commercial development under existing entitlements, though practical building size will depend on parking requirements and site layout preferences.
Expansion Opportunity: Adjacent Parcel Available
The adjacent property at 690 27 1/2 Court (listed by Sid Squirrell with Bray Real Estate) is also available, offering buyers the opportunity to assemble nearly two acres of contiguous commercial land. Combined, these parcels provide sufficient space for larger-scale development projects, campus-style office layouts, or mixed-use concepts that require expanded parking and building footprints. Assembly of both sites would create one of the largest undeveloped commercial tracts remaining on the Horizon corridor, with dual street frontage and flexible configuration options that accommodate phased development or single-build projects.
Immediate Area Amenities & Services
The property sits within a fully developed commercial and residential district with established infrastructure and daily-needs services. Bookcliff Country Club, less than one mile east, provides dining and recreational amenities for business entertainment and client meetings. Safeway anchors the nearby retail center, joined by restaurants ranging from fast-casual to full-service dining. The new Starbucks directly below the property serves the morning commuter traffic, while mult

PROPERTY FACTS

Price $779,900
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
  • Neighborhood Center
  • Office Park
  • Planned Unit Development
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 0.93 AC
Zoning PD/Com - Currently zoned PD, future land use is Commercial.

1 LOT AVAILABLE

Lot

Price $779,900
Price Per AC $838,602.15
Lot Size 0.93 AC

This is an elevated lot location, overlooking new commercial complex anchored by Starbucks. This is corner lot with excellent access from 2 directions (directly off Horizon Dr as well as off 27 1/2 Rd.) Level with steep drop on W end and slight slope

  • Listing ID: 39083800

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 697 27 1/2 Ct, Grand Junction, CO 81506

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