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Property profile & analytics
OFF-MARKET
Estimated value
$4,035,000
Turn key restaurants
2480 Hwy 6th And 50a Grand Junction, CO 81505-1108
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-0744527
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Construction
WOOD
Total area
8,091 SF
Lot
1.52 ac (66,211 SF)
Zoning code
C-2
APN
2945-091-21-005
UPID
US13-0744527
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
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.04M
Owner & transaction history
Hwy 6&50 Cache LLC · 3 yrs held
Hwy 6&50 Cache LLC
since 2023
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
C-2 · 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
Method
Estimation
Statistic approach
$4,235,000
ML approach
$3,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±10% · vs last sale $4.00M (Jan 10 2023)
Last sale anchor
$4.00M
Jan 10 2023
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
$499 / 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
$39,073
Tax year 2023
Assessed value
$548,980
Assessed 2023
Previous assessed
$422,140
+30.0% YoY
Effective rate
7.12%
On assessed value
Assessed land
$245,690
Assessed improvement
$303,290
Land market value
$880,610
Improvement market value
$1,087,050
Total market value
$1,967,660
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
8,091 SF
Lot
1.52 ac (66,211 SF)
Zoning code
C-2
APN
2945-091-21-005
UPID
US13-0744527
Jurisdiction
MESA
Zoning & alternative use
C-2 · Grand Junction, COZoning C-2 · permitted uses
C-2 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
1.52 ac
Current owner
From public records · entity-resolved
Hwy 6&50 Cache LLC
Entity
Mailing address
880 19TH RD, FRUITA, CO 81521-9405
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2023
—
Hunt Enterprises INC
—
Deed
related
$1,512,868 · Oakstar Bank NA
Jan 10, 2023
$2,500,000
Hwy 6&50 Cache LLC
Wilmington Center LLC
Warranty Deed
—
Jan 10, 2023
$4,000,000
Hunt Enterprises INC
Hwy 6&50 Cachel LLC
Warranty Deed
—
Jul 3, 2017
—
Wilmington Center LLC
—
Deed
related
$1,423,500 · Wells Fargo Bk
Jul 27, 2010
$2,625,000
Wilmington Center LLC
344 F Street LLC
Warranty Deed
—
Jan 31, 2008
—
344 F Street LLC
Finck Buford O Family Trust
Quit Claim Deed
related
—
Oct 2, 2007
—
Finck Buford O Family Trust
Kona Restaurant Group INC
Grant Deed
$1,800,000 · First Future Cu
—
—
Wilmington Center LLC
—
Loan Modification
related
$1,423,500 · Wells Fargo Bk
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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