2691 Highway 50, Grand Junction, CO 81503
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine



2691 Highway 50,Grand Junction, CO 81503
$429,000
- 0.58 Acres
- Lots / Land
- Active
Listed by:katie davis
Office:bray/commercial
MLS#:20253064
Source:CO_GJARA
Price summary
- Price:$429,000
About this home
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 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.
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Home facts
- Listing Id #:20253064
- Added:185 day(s) ago
- Updated:July 14, 2025 at 02:30 PM
Structure and exterior
- Lot area:0.58 Acres
Schools
- High school:Grand Junction
- Middle school:Orchard Mesa
- Elementary school:Dos Rios
Utilities
- Water:Public
Finances and disclosures
- Price:$429,000
- Tax amount:$1,957 (2023)
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