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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
2200 Railroad Ave Grand Junction, CO 81505
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-1088194
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
STEEL FRAME
Total area
3,080 SF
Lot
27.17 ac (1,183,525 SF)
Zoning code
PD
APN
2701-313-10-004
UPID
US13-1088194
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
$525k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$505k
Owner & transaction history
Suncor Energy USA INC · 18 yrs held
Suncor Energy USA INC
since 2007
1 recorded transaction
Zoning & alternative use
PD · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$545,000
+26.1%
Warehouse, storage
$455,000
+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
$525,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$435,000
Current use
COMMERCIAL (GENERAL)
$545,000
Change: +26% · Conversion: Easy
WAREHOUSE, STORAGE
$455,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$415,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$164 / 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
$68,678
Tax year 2023
Assessed value
$971,370
Assessed 2023
Previous assessed
$855,110
+13.6% YoY
Effective rate
7.07%
On assessed value
Assessed land
$346,710
Assessed improvement
$624,660
Land market value
$1,242,700
Improvement market value
$2,238,920
Total market value
$3,481,620
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
3,080 SF
Lot
27.17 ac (1,183,525 SF)
Zoning code
PD
APN
2701-313-10-004
UPID
US13-1088194
Jurisdiction
MESA
Zoning & alternative use
PD · Grand Junction, CO
Zoning PD · permitted uses
PD · 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
$435,000
COMMERCIAL (GENERAL)
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$455,000
RETAIL STORES
Est. value
$415,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
RETAIL STORES
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
10
Bathrooms
2
Lot
27.17 ac
Current owner
From public records · entity-resolved
Suncor Energy USA INC
Entity
Free & Clear · 18 yrs held
Mailing address
5455 BRIGHTON BLVD, COMMERCE CITY, CO 80022-3603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2007
—
Suncor Energy USA INC
Conocophillips
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.
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