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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Flex space
2335 Interstate Ave Grand Junction, CO 81505-8620
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US13-0569033
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1997
Construction
STEEL FRAME
Total area
5,697 SF
Lot
0.98 ac (42,689 SF)
Zoning code
I-1
APN
2701-323-04-006
UPID
US13-0569033
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
-
J. Dyer Construction, Inc. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$780k
Owner & transaction history
Chronos Builders LLC
Chronos Builders LLC
since 2025
Last sale
$835,000
7 recorded transactions
Zoning & alternative use
I-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+62.5%
Commercial (general)
$1.0M
+31.9%
Warehouse, storage
$840,000
+9.8%
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%
$730,000
6.5%
$675,000
7%
$625,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$765,000
Current use
RESTAURANT
$1,245,000
Change: +62% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,010,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$840,000
Change: +10% · Conversion: Easy
OFFICE BUILDING
$800,000
Change: +5% · Conversion: Difficult
RETAIL STORES
$770,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $835k (Jul 17 2025)
Last sale anchor
$835k
Jul 17 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
$137 / 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
$13,984
Tax year 2023
Assessed value
$197,790
Assessed 2023
Previous assessed
$150,950
+31.0% YoY
Effective rate
7.07%
On assessed value
Assessed land
$59,550
Assessed improvement
$138,240
Land market value
$213,450
Improvement market value
$495,470
Total market value
$708,920
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
5,697 SF
Lot
0.98 ac (42,689 SF)
Zoning code
I-1
APN
2701-323-04-006
UPID
US13-0569033
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
$765,000
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$840,000
OFFICE BUILDING
Est. value
$800,000
RETAIL STORES
Est. value
$770,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.98 ac
Current owner
From public records · entity-resolved
Chronos Builders LLC
Entity
Mailing address
2174 BROADWAY, GRAND JUNCTION, CO 81507-1005
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2025
$100,000
Chronos Builders LLC
F 3 4 Road LLC
Quitclaim Deed
related
—
Oct 17, 2025
$835,000
Chronos Property LLC
Gregory Bell
Special Warranty Deed
—
Oct 7, 2025
—
Gregory Bell
Chronos Property LLC
Special Warranty Deed
—
Sep 24, 2025
$835,000
Chronos Property LLC
Jon & Amy Dyer Living Trust
Special Warranty Deed
—
Jun 28, 2010
—
Dyer Jon & Amy Living Trust
—
Trustees Deed
related
$440,000 · Wells Fargo Bank
Jan 3, 2007
—
Dyer Jon & Amy Living Trust
Dyer,jon K & Amy
Quit Claim Deed
related
—
Jun 13, 2005
—
J Dyer Construction INC
—
Trustees Deed
related
$200,000 · Wells Fargo Bank
—
—
Dyer,jon & Amy Living Trust
—
Deed Of Trust
related
$385,000 · Timberline Bank
—
—
Dyer Jon & Amy Living Trust
—
Deed Of Trust
related
$389,902 · Wells Fargo Bank
—
—
Jon K Dyer
—
Deed Of Trust
related
$173,000 · Norwest Bank Colorado
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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