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Property profile & analytics
OFF-MARKET
Estimated value
$2,480,000
Hotels
2650 Nn Ave Grand Junction, CO 81501-6405
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0483693
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
62,578 SF
Lot
4.36 ac (189,922 SF)
Zoning code
C-1
APN
2945-124-00-022
UPID
US13-0483693
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 Oral Surgery Dental Office
-
Comfort Dental Braces Grand Junction Dental Office
-
Precision Siding & Construction Construction Company General Contractor
-
Julie D. Albright, MA Doctor Counselor
-
Junction Eco Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$2.48M
Owner & transaction history
Lucky Me 2650 LLC · 1 yrs held
Lucky Me 2650 LLC
since 2025
Last sale
$607
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,565,000
6.5%
$3,290,000
7%
$3,055,000
Blend value · Realmo final
$2.48M
Range $2.23M – $2.73M · ±10% · vs last sale $607 (Jul 15 2022)
Last sale anchor
$607
Jul 15 2022
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
$40 / 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
$54,760
Tax year 2023
Assessed value
$774,520
Assessed 2023
Previous assessed
$727,280
+6.5% YoY
Effective rate
7.07%
On assessed value
Assessed land
$148,340
Assessed improvement
$626,180
Land market value
$531,680
Improvement market value
$2,244,380
Total market value
$2,776,060
Applied tax rate
10,101.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
9
Rooms
10
Bathrooms
1
Total area
62,578 SF
Lot
4.36 ac (189,922 SF)
Zoning code
C-1
APN
2945-124-00-022
UPID
US13-0483693
Jurisdiction
MESA
Zoning & alternative use
C-1 · Grand Junction, CO
Zoning 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
Grand Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
9
Rooms
10
Bathrooms
1
Lot
4.36 ac
Current owner
From public records · entity-resolved
Lucky Me 2650 LLC
Entity
Mailing address
3154 MADDIE CT, GRAND JUNCTION, CO 81503-8601
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
$4,850,000
Lucky Me 2650 LLC
Red Cliff Pointe LLC
Special Warranty Deed
$3,850,000 · Alpine Bank
Apr 12, 2024
—
Red Cliff Pointe LLC
—
Deed
related
$100,000 · Bank Of Colorado
Jul 15, 2022
$607
Department Of Transportation
Red Cliff Pointe LLC
Warranty Deed
—
Aug 27, 2019
—
Red Cliff Pointe LLC
—
Deed
related
$1,600,000 · Bank Of Co
Aug 17, 2018
—
Red Cliff Pointe LLC
—
Deed
related
$25,000 · Bank Of Co
Jun 21, 2004
—
Red Cliff Pointe LLC
Sollenbarger,roger & Sharon
Quit Claim Deed
related
—
Nov 1, 2002
$3,850,000
Roger Sollenbarger
Valley Plaza Corp
Grant Deed
$2,350,000 · Bank Of Colorado
—
—
Valley Plaza Corp
—
Deed Of Trust
related
$600,000 · Bank Of Grand Junction
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$100,571 · Bank Of Co
—
—
Valley Plaza Corp
—
Deed Of Trust
related
$65,245 · Bank Of Grand Junction
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$1,656,909 · Bank Of Colorado
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$201,581 · Bank Of Co
—
—
Valley Plaza Corp
—
Deed Of Trust
related
$18,749 · Individual
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$1,600,000 · Bank Of Co
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$2,450,000 · American National Bank & Trust
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$200,000 · American National Bank & Trust
—
—
Red Cliff Pointe LLC
—
Deed Of Trust
related
$25,000 · Bank Of Co
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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