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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Flex space
3196 Hall Ave Grand Junction, CO 81504-6036
Entity Owned
5-yr Hold
Free & Clear
Property ID
US13-1134874
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Construction
STEEL FRAME
Total area
4,542 SF
Lot
0.52 ac (22,800 SF)
Zoning code
C-2
APN
2943-104-12-009
UPID
US13-1134874
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$468k
Blend (final)
Blend
$585k
Owner & transaction history
Ccl & B INC · 5 yrs held
Ccl & B INC
since 2020
5 recorded transactions
Zoning & alternative use
C-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$715,000
+41.2%
Warehouse, storage
$670,000
+31.9%
Office building
$640,000
+25.7%
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
$690,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$510,000
Current use
COMMERCIAL (GENERAL)
$715,000
Change: +41% · Conversion: Difficult
WAREHOUSE, STORAGE
$670,000
Change: +32% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$615,000
Change: +21% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
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
$129 / 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
$8,828
Tax year 2023
Assessed value
$117,740
Assessed 2023
Previous assessed
$82,260
+43.1% YoY
Effective rate
7.50%
On assessed value
Assessed land
$25,440
Assessed improvement
$92,300
Land market value
$91,200
Improvement market value
$330,810
Total market value
$422,010
Applied tax rate
15,602.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
4,542 SF
Lot
0.52 ac (22,800 SF)
Zoning code
C-2
APN
2943-104-12-009
UPID
US13-1134874
Jurisdiction
MESA
Zoning & alternative use
C-2 · Grand Junction, CO
Zoning C-2 · permitted uses
C-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$510,000
COMMERCIAL (GENERAL)
Est. value
$715,000
WAREHOUSE, STORAGE
Est. value
$670,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$615,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Ccl & B INC
Entity
Free & Clear · 5 yrs held
Mailing address
9298 J ST, OMAHA, NE 68127
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2024
—
688 Debeque Co LLC
—
Deed
related
$1,125,000 · Bank Hapoalim Bm
Dec 31, 2020
$555,000
Ccl & B INC
3196 Hall LLC
Grant Deed
—
Jul 31, 2013
—
3196 Hall LLC
Busse,nancee J
Warranty Deed
—
Jul 15, 2004
$250,000
Nancee J Mcclure
Sollenbarger,roger
Grant Deed
$200,000 · Wells Fargo Bank
Apr 23, 1999
$500,000
Roger Sollenbarger
Marflor Realty LLC
Grant Deed
—
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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