

Listed by Red Rock Real Estate
$860,000
Multi-Family Development Land in Grand Junction CO
Details
Property Type Multifamily, Mixed Use
Sub Type Student Housing, Apartment Building
Lot Size (SqFt) 229,997
Zoning Residential High-24
Ground Lease No
Sale Condition N/A
Development Land 5.28 acres in Grand Junction, CO
Marketing description
679 24 ½ Road, Grand Junction, CO 81505 presents a compelling multi-family development opportunity in one of Grand Junction’s growing residential corridors. This 5.28-acre site is zoned RH-24, offering strong potential for higher-density residential development in a location surrounded by established housing, retail, and everyday amenities.
Utilities are adjacent and onsite, helping streamline the path toward future development. The property currently includes a 2,520 SF home built in 1980, a 30' x 36' shop, and additional outbuildings, providing immediate utility while plans move forward.
A concept plan shown in the brochure illustrates the potential for a 90-unit apartment community with approximately 144 parking spaces, underscoring the site’s development upside. Located near Canyon View Marketplace, Mesa Mall, Target, restaurants, lodging, and major thoroughfares, the property combines convenience, visibility, and accessibility.
679 24 ½ Road is an exceptional opportunity for developers and investors seeking a well-located, high-potential residential land offering in the heart of Grand Junction.
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Listed by Red Rock Real Estate
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Zoning
AFT AgricultureAgricultural Forestry Transitional District
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View all 141 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
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