Financial
Distress signals
Property profile

2935 Patterson Rd Grand Junction, CO 81504

FOR SALE
Other specialty properties
Property ID
US13-1984108
5,920 SF 0.68 ac lot Built 1971
Last sale Aug 2021 · $350,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building located on Patterson Road in Grand Junction, situated on a 0.68-acre lot. It offers 5,876 square feet of space across two levels, with private entrances serving both the main and lower levels; the lower level is designed for ADA access. The main level includes an open area with natural light from numerous windows, a break room, men’s and women’s restrooms, a storage area, and multiple entrances. The lower level has two separate private entrances, each…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$113k
Assessed land$50k
Assessed improvement$63k
Effective rate7.55%

Value estimate

· Sep 2026
$345k
$311k – $380k
AI approach$315k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$32k
Operating expenses−$19k
NOI · 7.99% cap applied$56k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.99%
$56k 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?
R-0
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.3
Realty agency18.1
Hair Salon13.2

Location

2935 Patterson Rd Grand Junction, CO 81504
County assessor Recorded deeds · 9 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

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
524 29th, Grand Junction, CO 81504-5071 $417,000 Feb 2025 4,650 SF
3099 Patterson, Grand Junction, CO 81504-3011 $1,200,000 Jun 2022 6,700 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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