Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Specialty properties
2516 Broadway Grand Junction, CO 81507-2758
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0850907
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2002
Construction
WOOD
Total area
3,176 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-1
APN
2945-153-05-004
UPID
US13-0850907
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
-
Canyon Country Animal Hospital Veterinary Clinic
-
Kyle C. Dunn, DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Orchard Acres LLC · 1 yrs held
Orchard Acres LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C-1 · 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$500,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$465,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Aug 27 2024)
Last sale anchor
$750k
Aug 27 2024
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
$236 / 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
$13,983
Tax year 2023
Assessed value
$202,620
Assessed 2023
Previous assessed
$175,270
+15.6% YoY
Effective rate
6.90%
On assessed value
Assessed land
$44,240
Assessed improvement
$158,380
Land market value
$158,560
Improvement market value
$567,660
Total market value
$726,220
Applied tax rate
14,100.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
3,176 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C-1
APN
2945-153-05-004
UPID
US13-0850907
Jurisdiction
MESA
Zoning & alternative use
C-1 · Grand Junction, COZoning C-1 · permitted uses
C-1 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$465,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2002
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Orchard Acres LLC
Entity
Mailing address
584 JESSE WAY, GRAND JUNCTION, CO 81507-7508
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 27, 2024
$750,000
Orchard Acres LLC
Hing LLC
Special Warranty Deed
$562,500 · Bank Of The San Juans
May 30, 2019
$610,000
Hing LLC
Luis & Miguel LLC
Warranty Deed
$430,758 · Alpine Bank
Jun 22, 2017
—
Luis & Miguel LLC
—
Deed
related
$220,000 · Bank Of The San Juans
Jan 28, 2013
$500,000
Luis & Miguel LLC
Rwh Real Estate LLC
Grant Deed
$249,300 · Zions First National Bank
Aug 25, 2011
—
Rwh Real Estate LLC
Holland Real Estate LLC
Warranty Deed
—
Mar 25, 2003
$1,665,000
2516 Broadway LLC
Regency Realty Group INC
Grant Deed
$1,180,000 · Alpine Bank
Jan 22, 2003
—
Holland Real Estate LLC
—
Deed Of Trust
related
$10,000,000 · Bank Of America
Dec 18, 2001
—
Regency Realty Group INC
Albertsons INC
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2516 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
