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Property profile & analytics
OFF-MARKET
Retail space
545 Nn Ave Grand Junction, CO 81501-7572
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2806120
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1926
Construction
WOOD
Total area
4,573 SF
Lot
0.33 ac (14,500 SF)
Zoning code
C-1
APN
2945-142-05-018
UPID
US13-2806120
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
-
Farmers Insurance - Silvia Bravo Insurance Agency
-
Mesa Lavender (Bike/Boat/Book/etc) Store Cosmetic Store
-
%certificates of analysis% - Mesa Lavender Farms Medical Laboratory
-
Lookngood (Bike/Boat/Book/etc) Store Cosmetic Store
-
Eat Good Bread Bakery Specialty Food Shop
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
Silvia Bravo Insurance Agency LLC · 2 yrs held
Silvia Bravo Insurance Agency LLC
since 2023
Last sale
$475,000
7 recorded transactions
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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,266
Tax year 2023
Assessed value
$116,920
Assessed 2023
Previous assessed
$107,790
+8.5% YoY
Effective rate
7.07%
On assessed value
Assessed land
$54,610
Assessed improvement
$62,310
Land market value
$195,750
Improvement market value
$223,340
Total market value
$419,090
Applied tax rate
10,101.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1926
Construction
WOOD
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
4,573 SF
Lot
0.33 ac (14,500 SF)
Zoning code
C-1
APN
2945-142-05-018
UPID
US13-2806120
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
Year built
1926
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Silvia Bravo Insurance Agency LLC
Entity
Mailing address
643 PINENEEDLE CT, GRAND JUNCTION, CO 81506-8760
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2023
$475,000
Silvia Bravo Insurance Agency LLC
100 545 North Avenue LLP
Warranty Deed
$410,000 · North Avenue LLP
Sep 12, 2018
—
Ben D Hill
—
Deed
related
—
Sep 13, 2005
—
545 North Avenue LLC
Hill,ben D & Faith M
Grant Deed
—
Jun 27, 2005
$240,000
Ben D Hill
Nunnery,ronald W
Warranty Deed
$242,563 · Alpine Bank
Aug 20, 2003
$175,000
Rmec Properties LLC
Beavers,helen C
Grant Deed
$172,936 · Ronald W Nunnery
—
—
Helen C Beavers
—
Deed Of Trust
related
$240,000 · Paonia State Bank
—
—
Ben D Hill
—
Loan Modification
related
—
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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