Light Industrial (LI) zoned 1.54-acre commercial 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, LI zoning allows a long list of permitted uses in the Town of Parachute. Build shop or flex space to lease to contractors and trades. Develop self-storage or vehicle and RV storage. Put up a warehouse, distribution, or light manufacturing building. Other permitted uses include professional offices, research facilities, equipment sales and rental, a fuel station or car wash, a brewpub, taproom, or distillery, a veterinary clinic or kennel, and indoor or outdoor recreation. Employee housing and a dwelling unit accessory to a permitted business are also allowed. Outdoor storage, retail, and restaurants may be approved through special review. Parachute sits on the I-70 corridor between Rifle and Grand Junction, serving energy, construction, and trade businesses across Western Colorado. This lot gives you room to build for your own business, for tenants, or 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.