Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2582 Patterson Rd Grand Junction, CO 81505-1438
    Back to Search
    Property profile & analytics

    2582 Patterson Rd, Grand Junction, CO 81505-1438

    View on Map
    • Specialty properties
    • 8,573 SF
    • 1.03 lot acres
    Off-Market
    Property ID
    US13-0877072
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Redstone A Banfield Animal Hospital / Veterinary Clinic
    • Redstone Veterinary Hospital: Maguire Peter DVM / Veterinary Clinic
    • Banfield Pet Hospital / Veterinary Clinic
    • CM SR22 Insurance Group / Financial Advisor / Insurance Agency

    Property Details for 2582 Patterson Rd

    Year built
    2009
    Construction
    WOOD
    Lot size
    1.03 lot acres
    Zone code
    B-1
    Property type
    Specialty properties
    APN
    2945-034-43-001
    APU
    294503443001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 1, 2017 — Redstone II LLC — Deed · related $1.2M · Anb Bank
    May 7, 2009 — Redstone II LLC Mark Joseph Ryan Quit Claim Deed · related $1.6M · First National Bank Of The Rockies
    — — Redstone II LLC — Deed Of Trust · related $889k · First National Bank Rockies
    — — Redstone II LLC — Deed Of Trust · related $719k · Community Economic Dev Co Co
    — — Redstone II LLC — Loan Modification · related —
    — — Redstone II LLC — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Mesa
    State
    Colorado
    Longitude
    -108.575
    Latitude
    39.0923
    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
    $24,725
    $105,150
    $244,560
    $349,710
    -
    $376,880
    $876,570
    $1,253,450

    Comparable in this City

    • Value Estimation by Request
      400 SF

      2317 H Rd

      FUNERAL HOME
      2317 H Rd, Grand Junction, CO 81505-9675
      View Details
    • Value Estimation
      $550,000
      64,658 SF

      698 Long Acre Dr

      CHARITABLE ORGANIZATION
      698 Long Acre Dr, Grand Junction, CO 81505-8740
      View Details
    • Value Estimation by Request
      3,992 SF

      588 25th Rd

      VETERINARY, ANIMAL HOSPITAL
      588 25th Rd, Grand Junction, CO 81505-1230
      View Details
    • Value Estimation by Request
      6,363 SF

      586 25th Rd

      VETERINARY, ANIMAL HOSPITAL
      586 25th Rd, Grand Junction, CO 81505-1230
      View Details
    • Value Estimation
      $690,000
      18,222 SF

      567 25th 12th Rd

      CHARITABLE ORGANIZATION
      567 25th 12th Rd, Grand Junction, CO 81505-6929
      View Details
    • Value Estimation
      $540,000
      16,203 SF

      2515 Patterson Rd

      FUNERAL HOME
      2515 Patterson Rd, Grand Junction, CO 81505-3610
      View Details

    Similar Nearby for Sale

    • $500,000

      Triple Net Office Suite with Long-Term Tenant

      Strong triple-net profile featuring an office layout and an updated HVAC system with a long-term, renewal-eligible tenant.
      2472 Patterson Rd, Grand Junction, CO 81505
      View Details
    • $140,000
      0.20 Acres

      Grand Junction Building Lot

      Prime building lot in North Grand Junction neighborhood.
      2523 Woody Creek Dr, Grand Junction, CO 81505
      View Details
    • $350,000
      3.21 Acres

      Grand Junction Land with Views

      Estate-style lots with views, privacy, and builder options.
      937 Big Jake Ln, Grand Junction, CO 81505
      View Details
    • $2,390,000

      Medical Office Investment with Leaseback

      Guaranteed 5-year leaseback with renewal options offers investors long-term income stability.
      2460 Patterson Rd, Grand Junction, CO 81505
      View Details
    • $1,699,000
      2.81 Acres

      Build-Ready Medical and Retail Site

      Build-ready acreage across from Community Hospital with strong arterial access for office, hospitality, retail, or mixed-use.
      2376 G Rd, Grand Junction, CO 81505
      View Details
    • $1,952,352
      2.49 Acres

      Grand Junction Commercial Land Opportunity

      Commercial land for sale in Grand Junction, Colorado.
      2364 G Rd, Grand Junction, CO 81505
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Well-Maintained Office Spaces For Lease

      Office spaces for lease in well-maintained two-level complex.
      2275 Logos Ct, Grand Junction, CO 81505
      View Details
    • Contact for pricing

      Second Floor Office Space

      Office space with multiple private offices, conference room, reception area.
      B210-529 25 1/2 Rd, Grand Junction, CO 81505
      View Details
    • Contact for pricing
      2,366 SF

      New Retail Space on 24 Road

      New construction retail space in developing area off 24 Road.
      683 24 Rd, Grand Junction, CO 81505
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 2515 Foresight Cir, Grand Junction.
      2515 Foresight Cir, Grand Junction, CO 81505
      View Details
    • Contact for pricing
      15,210 SF

      Turn-Key Restaurant on US 6

      Restaurant space for lease on a main thoroughfare.
      2464 Us-6, Grand Junction, CO 81505
      View Details
    • Contact for pricing
      3,348 SF

      Restaurant Space Near Mesa Mall

      Restaurant space for lease on US 6 near Mesa Mall.
      2474 Us-6, Grand Junction, CO 81505
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2582 Patterson Rd
    Grand Junction, CO 81505-1438
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2582 Patterson Rd, Grand Junction, CO, 81505
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!