Financial
Distress signals
Property profile

344 Main St Grand Junction, CO 81501

FOR LEASE
Other individual retail properties
Property ID
US13-0947577
3,752 SF 0.07 ac lot Built 1902
Last sale Mar 2013 · $500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a standalone commercial building with 3,113 square feet of area, configured to support retail, professional, or service uses. It is located in downtown Grand Junction, Colorado, on Main Street. The structure was completely reconstructed from the ground up and includes high-end interior finishes. The building features a heating, ventilation, and air conditioning system that was installed in fall 2023. The site is positioned for high visibility and is subject to traffic along Main Street.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$99k
Assessed land$31k
Assessed improvement$67k
Effective rate8.08%

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 656.18% cap applied$30k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
656.18%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.9
Laundromat8.4
Daycare Center8.3

Location

344 Main St Grand Junction, CO 81501
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2883 Nn, Grand Junction, CO 81501-5064 $800,000 Dec 2024 3,569 SF
504 Ct, Grand Junction, CO 81501-4906 $550,000 Aug 2024 4,067 SF
100 Main, Grand Junction, CO 81501-2213 $10,976 Jan 2024 3,391 SF
545 Nn, Grand Junction, CO 81501-7572 $475,000 Nov 2023 4,573 SF
1340 Nn, Grand Junction, CO 81501-6419 $650,000 Oct 2023 4,212 SF
215 Colorado, Grand Junction, CO 81501-7801 $425,000 Jan 2023 3,175 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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