# 140 Diamond Avenue, Parachute, CO 81635 > **TL;DR:** commercial, $230,000. Est. $1,230/mo. Listed 11 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $230,000 | | Lot Size | 67,082 sqft (1.54 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 11 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,163 | | Estimated Insurance | $67 | | **Total** | **$1,230** | ## Nearby Schools - **Elementary:** Bea Underwood/ LW St John - **Middle:** Grand Valley - **High:** Grand Valley ## Property Highlights - 1.54 acre lot ## Description ### Agent Description Neighborhood Commercial (NC) zoned 1.54-acre lot in Parachute, Colorado, less than one mile from I-70. 140 Diamond Ave offers direct frontage on Diamond Ave, with mountain views. For investors and developers, NC zoning gives you both commercial and residential options. Uses allowed by right in the Town of Parachute include mixed-use buildings and mixed-use developments, retail under 5,000 SF, a restaurant, bar, or tavern, professional and business offices, rental services, a childcare center, and a bed and breakfast. A dwelling unit accessory to a permitted business is also allowed, a good fit for an owner who wants to live and work on site. With special review approval, NC also allows multifamily and townhome development, single-family and two-family homes, assisted living, hotels, a brewpub or microbrewery, medical offices, personal storage, a car wash or service station, and light manufacturing. Parachute sits on the I-70 corridor between Rifle and Grand Junction. This lot gives you room to build a commercial project, a residential project, or a mix of both. Utilities are nearby. Tap fees have not been paid and will be the buyer's responsibility. Garfield County Parcel #240912429001. Buyer to verify zoning, permitted uses, access, and development standards with the Town of Parachute. ## Location - **Address:** 140 Diamond Avenue, Parachute, CO 81635 - **County:** Garfield - **Neighborhood:** Tells Meadows - **Coordinates:** 39.44843463, -108.0584273 - **Google Maps:** https://www.google.com/maps?q=39.44843463,-108.0584273 ## Listing Agent - **Name:** Milton Arroyo - **Brokerage:** RONIN Real Estate Professionals ERA Powered - **Broker Phone:** (970) 985-8169 ## Photos ![140 Diamond Avenue - Photo 1](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f4203580418r.jpg) ![140 Diamond Avenue - Photo 2](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f1719967281r.jpg) ![140 Diamond Avenue - Photo 3](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f2566548206r.jpg) ![140 Diamond Avenue - Photo 4](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f448415910r.jpg) ![140 Diamond Avenue - Photo 5](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f3545337131r.jpg) ![140 Diamond Avenue - Photo 6](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f3168920742r.jpg) ![140 Diamond Avenue - Photo 7](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f2923906729r.jpg) ![140 Diamond Avenue - Photo 8](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f3155213860r.jpg) ![140 Diamond Avenue - Photo 9](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f3060118813r.jpg) ![140 Diamond Avenue - Photo 10](http://lh.rdcpix.com/a5bb3a049c2e46d7002d0c4dbe3ad94dl-f3779513537r.jpg) --- **MLS#:** 20265166 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/140-diamond-avenue-parachute-co-81635-649b74e9bd15420ea4f9d5ef6130cdd8) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/140-diamond-avenue-parachute-co-81635-649b74e9bd15420ea4f9d5ef6130cdd8#listing", "url": "https://www.propertysimple.ai/listing/140-diamond-avenue-parachute-co-81635-649b74e9bd15420ea4f9d5ef6130cdd8", "name": "140 Diamond Avenue, Parachute, CO 81635", "description": "Neighborhood Commercial (NC) zoned 1.54-acre lot in Parachute, Colorado, less than one mile from I-70. 140 Diamond Ave offers direct frontage on Diamond Ave, with mountain views. For investors and developers, NC zoning gives you both commercial and residential options. 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