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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Office buildings
2150 Hwy 6th And 50 Grand Junction, CO 81505-9422
Individually Owned
2-yr Hold
Free & Clear
Property ID
US13-1031796
Property summary
AI-generated overview
This exceptional Grand Junction, Colorado commercial property, located at 2150 Hwy 6 And 50, presents a significant opportunity for businesses seeking warehouse space. The property boasts a total of 8,320 square feet, with 5,000 square feet currently available for lease. Situated on a 1.5-acre lot in Mesa County, this multi-tenant warehouse offers ample space for storage, distribution, or light manufacturing. The property is zoned commercial, providing flexibility for a variety of uses. Convenient access to Hwy 6 & 50 ensures excellent transportation links. The property includes 5+ parking spaces, providing convenient parking for employees and clients. This is an ideal location for businesses seeking a well-located, spacious warehouse in a thriving commercial area of Grand Junction. The property's size and location make it a highly attractive option for businesses looking to expand or establish a presence in this dynamic market. The available space is ready for immediate occupancy, offering a turnkey solution for businesses needing warehouse space in Grand Junction. Contact us today to schedule a viewing and explore the possibilities. The property is located in zip code 81505.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
STEEL FRAME
Total area
8,320 SF
Lot
1.51 ac (65,776 SF)
Zoning code
I-1
APN
2697-362-11-001
UPID
US13-1031796
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
-
Western Investigations Law Firm
-
A C Bail Bonds Law Firm
-
Shamrock yard Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$958k
Blend (final)
Blend
$845k
Owner & transaction history
Rlcr · 2 yrs held
Rlcr
since 2024
3 recorded transactions
Zoning & alternative use
I-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.2M
+5.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,170,000
Current use
WAREHOUSE, STORAGE
$1,225,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$1,125,000
Change: -4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,115,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
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
$21,815
Tax year 2023
Assessed value
$308,550
Assessed 2023
Previous assessed
$240,150
+28.5% YoY
Effective rate
7.07%
On assessed value
Assessed land
$115,610
Assessed improvement
$192,940
Land market value
$414,390
Improvement market value
$691,530
Total market value
$1,105,920
Applied tax rate
10,301.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
8,320 SF
Lot
1.51 ac (65,776 SF)
Zoning code
I-1
APN
2697-362-11-001
UPID
US13-1031796
Jurisdiction
MESA
Zoning & alternative use
I-1 · Grand Junction, CO
Zoning I-1 · permitted uses
I-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
10
Bathrooms
2
Lot
1.51 ac
Current owner
From public records · entity-resolved
Rlcr
Individual
Free & Clear · 2 yrs held
Mailing address
2150 HWY 6TH AND 50, GRAND JUNCTION, CO 81505-9422
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
—
Rlcr
Crc Investments
Warranty Deed
—
Jan 26, 2017
—
Rlcr LLC
Crc Investments
Quit Claim Deed
related
—
Dec 11, 2002
$325,000
Crc Investments
Western Engineers INC
Grant Deed
—
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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