Property profile

123 7th St Grand Junction, CO 81501

OFF-MARKET
Office Spaces
Property ID
US13-0041947
18,366 SF 0.23 ac lot Built 1900
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,366 SF
Lot 0.23 ac (10,125 SF)
Zoning code B-2
APN 2945-144-18-002
UPID US13-0041947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • Telecommunications Service Data Center
  • Telecommunications Service Data Center
  • Charitable Organization Social Service Agency

Location

123 7th St Grand Junction, CO 81501-3531
Grand Junction metro Census 300 GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.27M
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$415k

Owner & transaction history

since 2007
4 recorded transactions
2016
Price N/A
2007
$1.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Grand Junction, CO
Top alternative use upside
Office building $2.6M +7.6%
Retail stores $2.5M +4.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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