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Property profile & analytics
FOR LEASE
Individual retail properties
344 Main St Grand Junction, CO 81501
Individually Owned
2-yr Hold
Free & Clear
Property ID
US13-0947577
For Lease
1 / 34
$4,150/Mo
344 Main St, Grand Junction, CO 81501
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,752 SF
Lot
0.07 ac (3,125 SF)
Zoning code
B-2
APN
2945-143-15-013
UPID
US13-0947577
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
-
Doll Skin Beauty LLC Alternative Medicine Practice Spa & Massage Center
-
Crush Salon & Day Spa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Montell Dellis · 2 yrs held
Montell Dellis
since 2024
Last sale
$500,000
3 recorded transactions
Zoning & alternative use
B-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,981
Tax year 2023
Assessed value
$98,770
Assessed 2023
Previous assessed
$98,770
+0.0% YoY
Effective rate
8.08%
On assessed value
Assessed land
$31,390
Assessed improvement
$67,380
Land market value
$112,500
Improvement market value
$241,500
Total market value
$354,000
Applied tax rate
10,107.0000
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
For Lease
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
3,752 SF
Lot
0.07 ac (3,125 SF)
Zoning code
B-2
APN
2945-143-15-013
UPID
US13-0947577
Jurisdiction
MESA
Zoning & alternative use
B-2 · Grand Junction, CO
Zoning B-2 · permitted uses
B-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.
Building & site characteristics
From public records
Year built
1902
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Montell Dellis
Individual
Free & Clear · 2 yrs held
Mailing address
18882 CYN CIR, VILLA PARK, CA 92861-2804
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Montell Dellis
Montell Dellis
Quit Claim Deed
related
—
Mar 13, 2013
$500,000
Dellis Montell
Rock Oak LLC
Warranty Deed
—
—
—
Rock Oak LLC
—
Deed Of Trust
related
$500,000 · Wells Fargo Bank West NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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