Financial
Distress signals
Property profile

504 Main St Grand Junction, CO 81501

OFF-MARKET
Turn key restaurants
Property ID
US13-1137716
3,915 SF 0.07 ac lot Built 1890
Last sale Apr 2021 · $466,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property at 504 Main Street, Grand Junction, Colorado, presents a unique investment opportunity. The 3,038 square foot building, constructed in 1890 and renovated in 1985, sits on a 0.99-acre lot and is currently vacant. Its permitted zoning is MU-3, allowing for diverse uses. The building's history as a restaurant is evident in existing features such as a partial mechanical hood and two ADA-compliant bathrooms. The wide-open floor plan offers flexibility for a

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?
$8k
Tax billed · 2023
Assessed value$101k
Assessed land$31k
Assessed improvement$70k
Effective rate8.07%

Value estimate

· Sep 2026
$465k
$419k – $512k
AI approach$465k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.2
Food Market9.9
Locksmith9.7

Location

504 Main St Grand Junction, CO 81501-2608
County assessor Recorded deeds · 4 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
2883 Nn, Grand Junction, CO 81501-5064 $800,000 Dec 2024 3,569 SF
504 Ct, Grand Junction, CO 81501-4906 $550,000 Aug 2024 4,067 SF
344 Main, Grand Junction, CO 81501-2413 $500,000 May 2024 3,752 SF
1410 Nn, Grand Junction, CO 81501-6420 $900,000 Feb 2024 3,900 SF
100 Main, Grand Junction, CO 81501-2213 $10,976 Jan 2024 3,391 SF
1340 Nn, Grand Junction, CO 81501-6419 $650,000 Oct 2023 4,212 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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