Grand Junction's Economic Growth Rose 3.2% in 2014
Commercial Real Estate Sales 3Q Sales are Stable. Review 2015 Sales in Retail, Warehouse, Office, Industrial and Land.
Grand Junction Commercial Real Estate Sales Activity 3Q 2015
Type | Average | Median | Range |
Retail | $158.15 | $111.05 | $37-$527 |
Office | $115.45 | $124.15 | $23-$296 |
Warehouse | $79.84 | $82.82 | $21-$247 |
Land | $3.99 | $2.16 | $.17-$8.45 |
Focus on Broadband -Downtown Grand Junction Pilot Project
The Downtown DDA has initiated a pilot project to put Grand Junction on the map by becoming a "Gigabit Downtown". Broadband referred as fiber infrastructure, the goal is to have internet download and upload speeds of 1 gigabyte per second at affordable rates throughout the Downtown Grand Junction area.
City Focus
The City recently hired a firm to evaluate and develop a broadband plan including
- Current Infrastructure
- Infrastructure Needs
Regional Partnerships $200,000 DOLA Grand
Mesa County and Garfield County have teamed up to garner the award of a $150,000 ($50,000 match) DOLA Grant that will help the two counties determine what can be done on a regional bais to bring our broadband infrastructure up to speed.
2015 3rd Quarter Notable Sales
Retail | Acres | Address | Price | Description | Sqft | $/Sqft |
Patterson | 0.0 | 2412 Patterson | $430,000 | Small retail | 2,048 | $209.96 |
Graff Dairy | 0.7 | 581 29 Road | $150,000 | Medium retail | 2,328 | $64.43 |
Former Mesa Theater | 0.1 | 538 Main | $45,000 | Theatrical Bldg | 9,800 | $43.37 |
Verizon Wireless | 0.5 | 2826 North Ave | $666,800 | Medium retail | 2,200 | $303.09 |
Office | ||||||
Century 21 Bldg | 0.4 | 737 Horizon Dr | $220,000 | Medium office | 9,766 | $22.53 |
Sunplex Comm. Condos | 0.0 | 607 25 Road #201 | $549,000 | Comm Condo Offices | 2,916 | $188.27 |
Whse/Indust/Other | ||||||
Bldg leased to ATD | 4.3 | 2139 Bond St. | $5,254,000 | Mega warehouse | 130,800 | $40.17 |
Comm. Condo | 0.0 | 560 S Commercial | $120,000 | Comm Shop/office | 1,345 | $89.22 |
Land | ||||||
Off H near airport | 1.5 | 820 North Crest | $167,500 | Land | 1.5 | $2.56 |
25 Rd at F 1/4 | 5.9 | 25 Rd at F 1/4 | $1,200,000 | Land | 5.9 | $4.67 |
Near 1st & Patterson | 2.8 | 2594 Patterson | $1,050,000 | Land | 2.8 | $8.61 |
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