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Property profile & analytics
OFF-MARKET
Estimated value
$3,250,000
Manufacturing properties
2306 Hwy 6th And 50 Grand Junction, CO 81505-1306
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-0919361
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
STEEL FRAME
Total area
26,703 SF
Lot
3.73 ac (162,479 SF)
Zoning code
I-1
APN
2945-052-00-105
UPID
US13-0919361
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
$3.17M
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$3.25M
Owner & transaction history
Sunpro Corporation · 1 yrs held
Sunpro Corporation
since 2025
Last sale
$3.6M
5 recorded transactions
Zoning & alternative use
I-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.7M
+31.9%
Warehouse, storage
$3.9M
+9.8%
Office building
$3.8M
+4.6%
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%
$3,425,000
6.5%
$3,165,000
7%
$2,935,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,585,000
Current use
COMMERCIAL (GENERAL)
$4,730,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,940,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$3,750,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$3,610,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±10% · vs last sale $3.60M (Feb 9 2025)
Last sale anchor
$3.60M
Feb 9 2025
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
$122 / 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
$40,246
Tax year 2023
Assessed value
$569,240
Assessed 2023
Previous assessed
$487,660
+16.7% YoY
Effective rate
7.07%
On assessed value
Assessed land
$132,820
Assessed improvement
$436,420
Land market value
$476,060
Improvement market value
$1,564,220
Total market value
$2,040,280
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
8
Total area
26,703 SF
Lot
3.73 ac (162,479 SF)
Zoning code
I-1
APN
2945-052-00-105
UPID
US13-0919361
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
INDUSTRIAL (GENERAL) Current
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
8
Lot
3.73 ac
Current owner
From public records · entity-resolved
Sunpro Corporation
Entity
Free & Clear · 1 yrs held
Mailing address
2465 W 2ND AVE, DURANGO, CO 81301-4609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
$3,600,000
Sunpro Corporation
Western Slope Ventures LLC
Special Warranty Deed
—
Sep 11, 2018
—
Western Slope Ventures LLC
—
Trustees Deed
related
$750,000 · Alpine Bk
Jul 6, 2018
$2,065,000
Western Slope Ventures LLC
Sixbey Investments LLC
Special Warranty Deed
$400,000 · Alpine Bank
Aug 25, 2017
$1,200,000
Sixbey Investments LLC
Minova USA INC
Grant Deed
$780,000 · Bank Of Co
—
—
Minova USA INC
—
Deed Of Trust
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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