- Flexible Development Potential and Supportive Environment
- Prime Location and Connectivity
- Strong Local Demographics
- Proximity to Recreation and Tourism
- Robust Employment and Economic Indicators
Flexible Development Potential and Supportive Environment
This 5-acre parcel offers exceptional flexibility for multifamily, commercial, or mixed-use projects, thanks to its adaptable zoning. The existing PUD zoning includes a reverter clause, allowing the site to revert back to C-2 zoning if neither affordable housing nor market-rate apartments are developed. Local government policies actively support growth, offering economic development programs and a strong track record of approving innovative projects. Situated in an area experiencing a surge in new construction, the property benefits from strong investor confidence and increasing demand.
Prime Location and Connectivity
Located in the Fruita Business Park, the site is less than half a mile from Interstate 70, providing seamless access to Grand Junction, only 10 miles away, and key regional markets. Additionally, Grand Junction Regional Airport is a mere 15 miles from the property, making it a convenient location for both business travelers and future residents.
Strong Local Demographics
The area surrounding the property boasts a median household income of $72,459 within a 2-mile radius, with an average household income of $84,832. Year-over-year population growth is a steady 2.5%, while overall housing vacancy, including owner-occupied and rental units, remains low at 4.7%. The local workforce is diverse and well-educated, with a median age of 38.6 and 28.7% of adults holding a bachelor’s degree or higher, reflecting a skilled labor pool.
