Property profile

2839 North Ave Grand Junction, CO 81501

FOR SALE
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US13-0520736
9,076 SF 1.76 ac Built 1982
Last sale May 2022·$640,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This fully built-out restaurant space is configured to accommodate up to 188 guests and includes an updated dining room, a dedicated reception area, and private dining with catering preparation space, along with a second-floor manager’s office. Interior architectural features include exposed wood beams, a tongue-and-groove ceiling, and a custom stone gas fireplace. The layout includes two bar areas—a main bar and a dedicated sushi bar—each with built-in sinks, ice chests, and preparation areas.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$206k
Assessed land$100k
Assessed improvement$106k
Effective rate7.07%

Value estimate

· Nov 2026
$450k
$405k – $495k
AI approach$475k
Submarket $/SF estimate$471k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$6k
Operating expenses−$30k
NOI · 4.99% cap applied$70k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$218/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$114 – $329

Cap rate analysis

How does the asset earn?
4.99%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.9
HVAC Service9.8
Tailor Shop9.3

Location

2839 North Ave Grand Junction, CO 81501
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 Main, Grand Junction, CO 81501-2412 $1,085,000 Dec 2025 12,500 SF
2865 Nn, Grand Junction, CO 81501-5040 $1,600,000 May 2025 5,994 SF
554 Main, Grand Junction, CO 81501-2608 $980,000 Nov 2024 6,725 SF
622 Gunnison, Grand Junction, CO 81501-5747 $950,000 Nov 2024 5,000 SF
1765 Main, Grand Junction, CO 81501-4648 $904,405 Aug 2024 4,795 SF
545 Nn, Grand Junction, CO 81501-7572 $475,000 Nov 2023 4,573 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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