NOT LISTED FOR SALE

600 28 1 4 Rd Grand Junction, CO 81506

North Grand Junction Neighborhood

Estimated Value: $10,049,734

2.7 Acres
$3,722,124 Price per Acre
117,612 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $1,500,000

Est. 570% increase in value since last sale

Current estimated payment $53,517/month

About This Lot

As of March 2022

Very rare piece of Patterson Road commercial is for sale in Grand Junction with 37,000 cars per day traffic count. Sellers will split off 2.7 acres for the price offered. Negotiations can be started for additional land or other structure. All utilities are on the property or at the property line. City of Grand Junction has agreed to allow a 3 story project, and would like to see a mix of residential and commercial. New city park planned for just down the street. Several chain grocery stores within 1/2 mile, East and West. Airport just 1.5 miles away. Two interstate exchanges within a few miles of the property. The new 29 Rd proposed interstate interchange is less than 1.3 miles away. Seller will survey and have new tax parcel created for buyer.

Last Agent to Sell the Property

Omar Richardson

UNITED COUNTRY REAL COLORADO PROPERTIES License #ER175681 Listed on: 10/02/2019

Last Buyer's Agent

Mike Foster

COLDWELL BANKER COMMERCIAL PRIME PROPERTIES License #IA40011873

COLDWELL BANKER COMMERCIAL PRIME PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,019

Lot Details

  • 2.7 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned R-8

Utilities

  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$2,019

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Current Use: Multi Use
  • Elevation: 4734
  • Fronts: S
  • Gas Company: XCEL
  • Lot Dimensions: Irregular
  • Lvt Date: 10/03/2019
  • Property Type: Land
  • Real Estate Incl: Yes
  • Sewer: Sewer Available
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Taxes: 2019
  • Tax Year: 1
  • Total Acres: 2.7
  • Type: Commercial Land
  • Water: City Water, Tap Available
  • Zoning: R-8
  • Curbs Gutters: Partial Curbs, Partial Gutters
  • Possible Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 555555.56

Utilities

  • Electric Company: XCEL
  • Water Company: City of GJ

Schools

  • Elementary School: Orchard Avenue
  • Middle School: Bookcliff
  • High School: Central

Lot Info

  • Lot Description: 100' - 150' Frontage, Cleared, Corner, Irregular Lot
  • Lot Size: E: 2-2.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Faith Heights A Colorado Non-Profit Corp
Bought by
Political Subdivision In The State Of Colorad
Current Estimated Value
$10,049,734

Purchase Details

Listed on
Oct 2, 2019
Closed on
Mar 3, 2022
Sold by
Faith Heights
Bought by
Via Real Estate Llc
Seller's Agent
Omar Richardson
UNITED COUNTRY REAL COLORADO PROPERTIES
Buyer's Agent
Mike Foster
COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
List Price
$1,879,000
Sold Price
$1,500,000
Premium/Discount to List
-$379,000
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.61%
Original Mortgage
$5,811,677
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 27, 2004
Sold by
World Harvest Church
Bought by
Faith Heights

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2004
Sold by
World Harvest Church
Bought by
Faith Heights Church
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Political Subdivision In The State Of Colorad $8,600,000 None Listed On Document
Via Real Estate Llc $1,500,000 None Listed On Document
Faith Heights -- --
Faith Heights Church -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Via Real Estate Llc $5,811,677
Previous Owner Faith Heights $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $1,500,000 -20.2% --
06/01/2021 06/01/21 Pending -- -- --
10/02/2019 10/02/19 For Sale $1,879,000 -- --
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

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 $312 $1,776,760 $853,890 $922,870
2022 $312 $1,286,080 $621,290 $664,790
2021 $367 $1,403,860 $739,070 $664,790
2020 $383 $1,281,140 $739,070 $542,070
2019 $383 $1,281,140 $739,070 $542,070
2018 $474 $441,320 $100,990 $340,330
2017 $362 $441,320 $100,990 $340,330
Source: Public Records

Agents Affiliated with this Home

  • Omar Richardson

    Seller's Agent in 2022

    Omar Richardson

    UNITED COUNTRY REAL COLORADO PROPERTIES

    (719) 530-8441

    5 in this area

    193 Total Sales

    Omar Richardson
    Section Image
  • Mike Foster

    Buyer's Agent in 2022

    Mike Foster

    COLDWELL BANKER COMMERCIAL PRIME PROPERTIES

    (970) 433-8374

    22 in this area

    106 Total Sales

    Mike Foster
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20195665

Grand Junction Area REALTOR® Association

APN: 2943-063-47-003

Colorado Mesa County Grand Junction 81506 North Grand Junction

600 28 1 4 Rd, Grand Junction, CO

This home is located at 600 28 1 4 Rd, Grand Junction, CO 81506 since 02 October 2019 and is currently estimated at $10,049,734. 600 28 1 4 Rd is a home located in Mesa County with nearby schools including Orchard Avenue Elementary School, Bookcliff Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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