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Property profile & analytics
OFF-MARKET
Flex space
194 29th Rd Grand Junction, CO 81503-2333
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-0734296
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1975
Construction
STEEL FRAME
Total area
2,120 SF
Lot
0.32 ac (13,970 SF)
Zoning code
RSF-4
APN
2943-322-21-001
UPID
US13-0734296
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
Current use
Occupant on record · Public records
-
Wide Net Removal Service LLC Waste Management Facility
-
MJG Inc. Signs & Equipment Sales (Bike/Boat/Book/etc) Store Printing Service
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
Carol Kulp · 4 yrs held
Carol Kulp
since 2021
Last sale
$235,000
7 recorded transactions
Zoning & alternative use
RSF-4 · 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
$4,315
Tax year 2023
Assessed value
$58,510
Assessed 2023
Previous assessed
$45,890
+27.5% YoY
Effective rate
7.37%
On assessed value
Assessed land
$26,310
Assessed improvement
$32,200
Land market value
$94,300
Improvement market value
$115,430
Total market value
$209,730
Applied tax rate
11,275.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
4
Total area
2,120 SF
Lot
0.32 ac (13,970 SF)
Zoning code
RSF-4
APN
2943-322-21-001
UPID
US13-0734296
Jurisdiction
MESA
Zoning & alternative use
RSF-4 · Grand Junction, CO
Zoning RSF-4 · permitted uses
RSF-4 · 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
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
4
Lot
0.32 ac
Current owner
From public records · entity-resolved
Carol Kulp
Individual
Mailing address
265 29TH RD, GRAND JUNCTION, CO 81503-2370
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$235,000
Carol Kulp
Taylors Properits LLC
Special Warranty Deed
$176,500 · Alpine Bank
Dec 1, 2017
—
Taylors Properties LLC
—
Deed
related
—
Oct 19, 2009
$130,000
Taylors Properties LLC
Ronnie G Tannery
Warranty Deed
$99,071 · First National Bank Of The Rockies
Mar 31, 2009
—
Ronnie G Tannery
Tannery,dan C
Quit Claim Deed
related
—
Dec 2, 2005
$170,000
Dan C Tannery
Ingalsbe,ronald G & Connie
Warranty Deed
—
Nov 29, 2001
$35,000
Ronald G Ingalsbe
Cormier,beverly K
Grant Deed
$15,000 · Beverly K Cormier
Jul 26, 2001
—
Beverly K Cormier
Grey Associates LP
Quit Claim Deed
related
—
—
—
Taylors Properties LLC
—
Deed Of Trust
related
—
—
—
Taylors Properties LLC
—
Loan Modification
related
—
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.
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