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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Turn key restaurants
2531 12th St Grand Junction, CO 81501-8202
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0065813
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1982
Construction
WOOD
Total area
9,819 SF
Lot
1.17 ac (51,173 SF)
Zoning code
B-1
APN
2945-111-27-002
UPID
US13-0065813
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
-
ALL US Home Help
-
Ale House Grand Junction Bar & Pub Restaurant
-
Ale House Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Breckenridge Ale House Gj LLC · 16 yrs held
Breckenridge Ale House Gj LLC
since 2010
7 recorded transactions
Zoning & alternative use
B-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
$32,606
Tax year 2023
Assessed value
$472,480
Assessed 2023
Previous assessed
$373,530
+26.5% YoY
Effective rate
6.90%
On assessed value
Assessed land
$183,200
Assessed improvement
$289,280
Land market value
$656,640
Improvement market value
$1,036,850
Total market value
$1,693,490
Applied tax rate
17,475.0000
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
1982
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
10
Bathrooms
4
Total area
9,819 SF
Lot
1.17 ac (51,173 SF)
Zoning code
B-1
APN
2945-111-27-002
UPID
US13-0065813
Jurisdiction
MESA
Zoning & alternative use
B-1 · Grand Junction, COZoning B-1 · permitted uses
B-1 · 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
1982
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
10
Bathrooms
4
Lot
1.17 ac
Current owner
From public records · entity-resolved
Breckenridge Ale House Gj LLC
Entity
Mailing address
2645 E 2ND AVE STE #200, DENVER, CO 80206-4768
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2025
—
Breckenridge Ale House LLC
—
Deed
related
$750,000 · Busey Bank
Apr 18, 2022
—
Breckenrdige Ale House LLC
—
Deed
related
$1,100,000 · Central Bank & Trust Co
Sep 22, 2011
—
Breckenridge Ale House Gj LLC
—
Trustees Deed
related
$194,000 · American National Bank & Trust
Jul 6, 2010
$1,950,000
Breckenridge Ale House Gj LLC
Bah Cache LLC
Warranty Deed
—
Jun 24, 2005
—
Bah Cache LLC
—
Trustees Deed
related
$200,000 · Alpine Bank
Dec 5, 2003
$920,000
Bah Cache LLC
Alpha Omega Investments LLC
Grant Deed
$1,093,389 · Alpine Bank
Jun 28, 2002
—
Alpha Omega Investments LLC
Byzantium Holdings LLC
Grant Deed
related
—
Mar 11, 2002
$230,000
Hayden S Howard
Byzantium Holdings LLC
Grant Deed
—
Mar 11, 2002
—
Alpha Omega Investments LLC
Byzantium Holdings LLC
Grant Deed
related
—
Mar 7, 2002
—
Byzantium Holdings LLC
Olympic LLC
Quit Claim Deed
related
—
May 4, 1999
$800,000
Olympic LLC
Granber INC
Grant Deed
$750,000 · Seller
—
—
Bah Cache LLC
—
Deed Of Trust
related
$100,000 · Alpine Bank
—
—
Breckenridge Ale House LLC
—
Deed Of Trust
related
$1,462,500 · Wells Fargo Bank
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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