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Property profile

1162 Ute Ave Grand Junction, CO 81501

FOR SALE
Auto shops
Property ID
US13-2501081
1,296 SF 0.43 ac lot Built 1958
Last sale Jun 2023 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,296 square foot commercial property, located at 1162 Ute Avenue in Grand Junction, Colorado, presents a unique investment opportunity. The building, constructed in 1958 and renovated in 1990, features a blend of office and warehouse space, ideal for a variety of businesses. The 296 square foot office area includes a reception area and showroom with a glass storefront, providing excellent visibility. The 1,000 square foot warehouse boasts two dock-high doors and washer/dryer…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$62k
Assessed land$41k
Assessed improvement$21k
Effective rate7.07%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$290k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 2.89% cap applied$12k

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?
2.89%
$12k 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?
C-1
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 Service9.3
Locksmith9.0
Dry Cleaner8.9

Location

1162 Ute Ave Grand Junction, CO 81501
County assessor Recorded deeds · 4 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1917 1st, Grand Junction, CO 81501-7430 $500,000 Aug 2024 1,649 SF
1801 Main, Grand Junction, CO 81501-4650 $350,000 Apr 2023 1,636 SF
436 5th, Grand Junction, CO 81501-7703 $189,000 May 2022 2,348 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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