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Property profile & analytics
OFF-MARKET
Apartment buildings
1425 Bunting Ave Grand Junction, CO 81501-4300
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US13-0678831
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
2,968 SF
Lot
1 ac (43,560 SF)
Zoning code
1225
APN
2945-123-00-052
UPID
US13-0678831
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gjres LLC · 8 yrs held
Gjres LLC
since 2018
7 recorded transactions
Zoning & alternative use
1225 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grand Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grand Junction submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,786
Tax year 2023
Assessed value
$81,830
Assessed 2023
Previous assessed
$66,480
+23.1% YoY
Effective rate
7.07%
On assessed value
Assessed land
$7,370
Assessed improvement
$74,460
Land market value
$110,040
Improvement market value
$1,111,410
Total market value
$1,221,450
Applied tax rate
10,101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
HOT WATER
Cooling
YES
Buildings
3
Stories
2
Units
4
Total area
2,968 SF
Lot
1 ac (43,560 SF)
Zoning code
1225
APN
2945-123-00-052
UPID
US13-0678831
Jurisdiction
MESA
Zoning & alternative use
1225 · Grand Junction, CO
Zoning 1225 · permitted uses
1225 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grand Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
3
Units
4
Lot
1 ac
Current owner
From public records · entity-resolved
Gjres LLC
Entity
Mailing address
549 PINNACLE CT, GRAND JUNCTION, CO 81507-1430
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2018
$750,000
Gjres LLC
Western Colorado R/e Invs Grp
Warranty Deed
$100,000 · Western Colorado R/e Invs Grp
Aug 12, 2009
—
Western Co R/e Inv Grp LLC
Wiarda,michael K
Quit Claim Deed
related
—
Aug 1, 2007
$721,000
Michael K Wiarda
Derush,gary D & Diane Y
Warranty Deed
$547,334 · Timberline Bank
Jul 18, 2001
$389,000
Gary D Derush
Long Valley LLC
Grant Deed
$389,488 · Grand Valley National Bank
Dec 31, 1998
$319,900
Long Valley LLC
Whiting,rodney L & Donna M
Trustees Deed
—
Dec 31, 1998
$159,500
Whiting,rodney L & Donna M
Whiting,rodney L
Trustees Deed
related
—
—
—
Gjres LLC
—
Deed Of Trust
related
$850,000 · Bank Of The West
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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