Grand Junction, Colorado Commercial Development Land
Grand Junction CO Commercial Development Land
Marketing description
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
Investment highlights
Located in the Horizon Dr are of Grand Junction with easy access to the Grand Junction Regional Airport and many franchise and locally owned hotels, motels and restaurants.
Easy access to I-70
Grand Junction is the largest HUB between Denver, CO and Salt Lake City, UT.
Multiple use options - currently zoned PD, with future land use of Commercial.
Newly developed (fall 2025) McDonalds as well as new commercial development anchored by Starbucks.
Excellent visibility with 19,000 avg daily traffic counts.
Additional 1+ acre adjacent property available for larger development project.
Corner lot with double access - direct from Horizon Dr and off of 27 1/2 Rd with a newly completed roundabout, this area is prime for development!
Borders a quiet neighborhood on the East side for a comfortable feel for dental/medical offices. Close to Colorado Mesa University and additional specialty medical offices, and professional business locations (attorney/accountant.)
2 residential structures already onsite - the newer home in the back has AMAZING views and is in prime condition to continue operations as an Air BNB to provide interim income. Water and sewer taps already paid and in place as well as electric and gas.
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