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Property profile & analytics
OFF-MARKET
Specialty properties
484 Sparn St, Grand Junction, CO 81501-5000
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1369393
Property summary
AI-generated overview
This exceptional 0.8-acre commercial lot is ideally situated on a four-corner light in Grand Junction, Colorado, at 484 Sparn St, 81501. Boasting an excellent location with high visibility, this property benefits from exposure to an estimated 29,000 cars daily. All utilities are readily available, simplifying development plans. The property is zoned for commercial use, offering a wide range of development possibilities. The 100% ownership provides complete control and flexibility for the buyer. This prime location presents a significant opportunity for investors seeking a high-traffic commercial site with a potential lease option. The property's strategic placement at a major intersection ensures maximum visibility and accessibility, making it an attractive proposition for a variety of businesses. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Lot
0.85 ac (37,200 SF)
Zoning code
C-1
APN
2943-181-16-972
UPID
US13-1369393
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
-
Epic Car Wash Car Wash
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
Lockard Development Group INC · 4 yrs held
Lockard Development Group INC
since 2021
1 recorded transaction
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
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 2015Property tax & assessments
Tax year 2015
Assessed value
$34,860
Assessed 2016
Assessed land
$34,860
Land market value
$120,190
Total market value
$120,190
Applied tax rate
10,301.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Heating
NONE
Lot
0.85 ac (37,200 SF)
Zoning code
C-1
APN
2943-181-16-972
UPID
US13-1369393
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
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
Lockard Development Group INC
Entity
Mailing address
1331 HERMOSA AVE, GRAND JUNCTION, CO 81506-4099
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2021
$272,000
Lockard Development Group INC
Hilltop Health Services Corporation
Special Warranty Deed
$202,000 · Alpine Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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