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    Property profile & analytics

    2497 Power Rd, Unit 5 Grand Junction, CO 81507-3085

    • Commercial real estate
    • 928 SF
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    May 01, 2025
    $198,000
    Location Intelligence
    Property ID
    US13-1120615
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Bicycle Studio / Bicycle Shop
    • Big Wheels / Bicycle Shop
    • The Lewis Agency LLC / Marketing Agency / Advertising Agency
    • Rise ENT Powered by AuDConnex / Business Management Consultant
    • Abbey Carpet and Floor of Grand Junction / Carpet Store

    Property Details for 2497 Power Rd

    Year built
    2007
    Construction
    STEEL FRAME
    Property size
    928 SF
    Zone code
    C-1
    Property type
    Commercial real estate
    APN
    2945-164-40-005
    APU
    294516440005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $135,000
      6.5%
      $135,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $125,000
      Geo Method
      $115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $125,000
      Retail
      $165,000
      Mixed-Use
      $130,000
      Hospitality
      $130,000
      Educational
      $155,000
      Residential Income
      $140,000
      Energy
      $130,000
      Income-Based Land
      $145,000
      Food Service
      $140,000

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.591
    Latitude
    39.0669
    CBSA code
    24300
    CBSA name
    GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,024
    $0.00
    $29,330
    $29,330
    -
    $0.00
    $105,120
    $105,120

    Comparable in this City

    • Value Estimation
      $235,000
      944 SF

      2497 Power Rd, Unit 2

      COMMERCIAL CONDOMINUIM • 944 SF
      2497 Power Rd, Grand Junction, CO 81507-3085
      View Details
    • Value Estimation
      $230,000
      944 SF

      2497 Power Rd, Unit 3

      COMMERCIAL CONDOMINUIM • 944 SF
      2497 Power Rd, Grand Junction, CO 81507-3085
      View Details
    • Value Estimation by Request
      8.62 Acres

      171 Lake Rd

      Land • 8.62 Acres
      171 Lake Rd, Grand Junction, CO 81507
      View Details
    • Value Estimation
      $480,000
      9,055 SF

      2497 Power Rd, Unit 30

      COMMERCIAL CONDOMINUIM • 9,055 SF
      2497 Power Rd, Grand Junction, CO 81507-3085
      View Details
    • Value Estimation
      $220,000
      944 SF

      2497 Power Rd, Unit 4

      COMMERCIAL CONDOMINUIM • 944 SF
      2497 Power Rd, Grand Junction, CO 81507-3085
      View Details
    • Value Estimation by Request

      2057 Broadway

      COMMERCIAL (GENERAL)
      2057 Broadway, Grand Junction, CO 81507-8708
      View Details

    Similar Nearby for Sale

    • $825,000
      8.62 Acres

      Grand Junction Commercial Land

      8.62 Acres, Mixed-Use Potential
      171 Lake Rd, Grand Junction, CO 81507
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      Land in Redlands Mesa

      Residential land with views in Grand Junction's premier golf community.
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      Residential land with monument views in Grand Junction, Colorado.
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      Residential Land with Monument Views

      Residential land with views near golf, biking, hiking, and wineries.
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    • $275,000
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      Grand Junction Land with Monument Views

      Residential lot in Redlands with Colorado National Monument views.
      1940 Rose Marie Ct, Grand Junction, CO 81507
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    Similar Nearby for Lease

    • $14 SF/Yr

      Grand Junction Specialty Property

      Specialty property available for rent in Grand Junction, Colorado.
      2148 Broadway D-2, Grand Junction, CO 81507
      View Details
    • $4,500 /Mo
      3,906 SF

      Former Bank Building with Drive-Thru

      Former bank building available for lease in Grand Junction, CO.
      431 Power Rd, Grand Junction, CO 81507
      View Details
    • $14 SF/Yr

      Highway Frontage Office Space Available

      Office space with highway frontage in Monument Village Shopping Center.
      2148 Broadway C-6, Grand Junction, CO 81507
      View Details
    • $12,749 /Mo
      54,316 SF

      Grand Junction Retail Flex Space

      Flexible retail space in Monument Village Shopping Center.
      2148 Broadway, Grand Junction, CO 81507
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    • $1,324 /Mo
      54,316 SF

      Grand Junction Office Space Available

      Office space in Monument Village Shopping Center, Grand Junction.
      2148 Broadway, Grand Junction, CO 81507
      View Details
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    Grand Junction, CO 81507-3085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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