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Orchard Mesa, CO Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Orchard Mesa, Colorado Market population: 7K. Explore income-producing properties with verified cap rates and...

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πŸ“Š Average Cap Rate For Orchard Mesa CO Properties: 5.7%

⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

πŸ“Š Avg Property Tax Rate For Orchard Mesa CO Properties: 47.0000%

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF

Investor Questions For Orchard Mesa CO

Common questions from investors exploring commercial real estate in Orchard Mesa CO.

What's the overall investment potential of Orchard Mesa, CO? +
With a median household income of $50,913 and a relatively low poverty rate of 12.4%, Orchard Mesa presents a stable investment market, further supported by its high health insurance coverage of 89.6% and a short average commute time of 21.8 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand? +
The top industries in Orchard Mesa, including Professional, Scientific, & Management, and Arts, Entertainment, & Recreation, suggest a diverse economy that can support a varied tenant base, while the median property value of $187,000 and median property taxes of $2,216 provide a favorable environment for property investments, especially considering the 82.0% homeownership rate.
What role does ethnic diversity play in the local real estate market? +
The ethnic diversity of Orchard Mesa, with White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant community, and when combined with the area's low poverty rate of 12.4% and high health insurance coverage of 89.6%, it indicates a stable and potentially growing market with a mix of cultural and economic influences.
How do commute times and methods affect the attractiveness of Orchard Mesa for investors? +
The average commute time of 21.8 minutes in Orchard Mesa, with top commute methods including driving alone, working from home, and carpooling, suggests a convenient and flexible transportation network, which, coupled with the area's low poverty rate and high employment rate, makes it an attractive location for both residents and investors, potentially leading to higher rental yields and property appreciation.
What are the implications of the GINI coefficient and poverty rate for real estate investors? +
The GINI coefficient of 0.38, indicating moderate income inequality, combined with a poverty rate of 12.4% and a high health insurance coverage rate of 89.6%, suggests that Orchard Mesa has a working population with a degree of economic stability, which can be beneficial for real estate investors looking for reliable tenants and a stable market, especially when considering the top industries and median household income of $50,913.

Orchard Mesa CO Real Estate & City Facts

Key facts and real estate information about Orchard Mesa CO.

What are some of the best neighborhoods to live in Orchard Mesa? +
Some of the best neighborhoods to live in Orchard Mesa include Redlands Mesa, Knolls, Paradise Hills, Red Rocks Valley, Summer Hill, White Willows, Parkview, Downtown Grand Junction, Prospectors Point, The Ridges, and The Legends. Additionally, the Spyglass Ridge neighborhood is a prominent example of Orchard Mesa's development potential, providing new midcentury modern and sprawling prairie-style homes with valley views on Lookout Lane.
What are some fun things to do in Orchard Mesa? +
There are plenty of fun things to do in Orchard Mesa, such as visiting the Western Colorado Botanical Gardens, taking a hot air balloon ride with Camelot Balloons, exploring the Downtown Farmers Market, or going on an adventure with Adrenaline Driven Adventure. You can also visit the Chipeta Golf Course, which is a highly rated public course with majestic Mesa views, or spend the day at the Orchard Mesa Community Center Pool, which has a winding waterslide into a massive indoor swimming area.
What is the food scene like in Orchard Mesa? +
The food scene in Orchard Mesa is diverse and exciting, with a range of restaurants to choose from. Some popular options include Devil's Kitchen, The Winery Restaurant, Route 65 Burgers & Fries, The Yarrow Taproom, Papa's Grill, Cat's On Main, and Vovenchies. There are also plenty of great food trucks and local eateries to explore, such as Namaste Nepal restaurant, which serves delicious Nepalese cuisine.
What are the pros and cons of living in Orchard Mesa? +
The pros of living in Orchard Mesa include its beautiful natural surroundings, with majestic Mesa views and plenty of opportunities for outdoor recreation. The area also has a range of amenities, including golf courses, community centers, and restaurants. However, some cons of living in Orchard Mesa include the potential for traffic and congestion, particularly during peak tourist season, as well as the need for a car to get around, as public transportation options may be limited. Additionally, the area may experience some growth and development challenges, as it is a popular destination for tourists and new residents.
Is Orchard Mesa a good place to live? +
Overall, Orchard Mesa is a great place to live, with its beautiful natural surroundings, range of amenities, and exciting food scene. While there may be some challenges to consider, such as traffic and congestion, the area's many pros make it an attractive destination for people looking to relocate. With its unique blend of outdoor recreation opportunities, cultural attractions, and small-town charm, Orchard Mesa is a great choice for anyone looking to experience the best of Western Colorado.

πŸ“Š Average Income For Orchard Mesa CO Commercial Property: $50,913

⭐ Featured

New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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