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Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Investment properties
2502 Hwy 6th And 50 Grand Junction, CO 81505-4501
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0808960
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Construction
STEEL FRAME
Total area
17,544 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C-2
APN
2945-103-53-001
UPID
US13-0808960
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
-
Comfort Dental West Grand Junction - Your Trusted Dentist in Grand Junction Dental Office
-
Jimmy John's Take-out & Catering Catering Service
-
Verizon Business Services Business To Business Service
-
Verizon Mobile Phone Store Electronics & Wireless Store
-
River City Mold Solutions Home Inspector
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Riverside Crossing Three Dev · 12 yrs held
Riverside Crossing Three Dev
since 2013
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,105,000
Current use
WAREHOUSE, STORAGE
$2,590,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±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
$126 / 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
$77,635
Tax year 2023
Assessed value
$1,098,060
Assessed 2023
Previous assessed
$990,380
+10.9% YoY
Effective rate
7.07%
On assessed value
Assessed land
$395,730
Assessed improvement
$702,330
Land market value
$1,418,390
Improvement market value
$2,517,320
Total market value
$3,935,710
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
3
Rooms
10
Bathrooms
1
Total area
17,544 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C-2
APN
2945-103-53-001
UPID
US13-0808960
Jurisdiction
MESA
Zoning & alternative use
C-2 · Grand Junction, CO
Zoning 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
Grand Junction. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
3
Rooms
10
Bathrooms
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Riverside Crossing Three Dev
Individual
Mailing address
211 N STADIUM BLVD STE #201, COLUMBIA, MO 65203-1161
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2025
—
Riverside Crossing Three Developmen
—
Deed
related
$163,725,000 · Bank Of America NA
Oct 10, 2013
—
Riverside Crossing Tree Dev
—
Trustees Deed
related
$8,959,900 · Us Bk
Aug 13, 2013
—
Riverside Crossing Three Dev
Wtn Coex III LLC
Grant Deed
—
Dec 30, 2011
—
Wtn Coex III LLC
—
Deed Of Trust
related
$9,400,000 · Union Bank & Trust
Feb 11, 2008
—
Wtn Coex III LLC
—
Trustees Deed
related
$7,950,000 · Alliance Bank
Jun 7, 2007
—
Wtn Coex III LLC
—
Trustees Deed
related
$7,200,000 · Alliance Bank
Jun 16, 2005
$1,245,000
Wtn Coex III LLC
Mccallum Family LLC
Warranty Deed
—
Apr 10, 2001
—
Grand Junction City (co)
Mccallum,stephen D & Bobette D
Grant Deed
related
—
—
—
Wtn Coex III LLC
—
Deed Of Trust
related
$9,400,000 · Union Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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