2691 Highway 50 Grand Junction, CO 81503
Orchard Mesa NeighborhoodEstimated payment $2,424/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,957
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 180 x 140
- Cleared Lot
- Property is zoned MU-2
Schools
- Dos Rios Elementary School
- Orchard Mesa Middle School
- Grand Junction High School
Utilities
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 2945-261-41-002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,957 | $25,730 | $25,730 | -- |
| 2023 | $1,957 | $25,730 | $25,730 | $0 |
| 2022 | $2,050 | $26,710 | $26,710 | $0 |
| 2021 | $1,987 | $26,710 | $26,710 | $0 |
| 2020 | $1,022 | $13,140 | $13,140 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $429,000 | -- | -- |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20253064
APN: 2945-261-41-002
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