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Property profile & analytics
FOR LEASE
Hotels
546 Main St Grand Junction, CO 81501
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US13-0750571
For Lease
1 / 22
$3,000/Mo
546 Main St, Grand Junction, CO 81501
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,741 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-17-012
UPID
US13-0750571
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
-
Providence Project Inc Restaurant
-
Conservation Colorado Grand Junction Field Office Charitable Organization Social Service Agency
-
Delphi Wealth Partners- Aaron Tice - CFP® Financial Advisor
-
Moody's Lounge Restaurant
-
Conservation Colorado Education Fund Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
546 Main S & T LLC · 7 yrs held
546 Main S & T LLC
since 2019
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,125,000
6.5%
$1,040,000
7%
$965,000
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$43 / 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
$19,894
Tax year 2023
Assessed value
$249,630
Assessed 2023
Previous assessed
$212,310
+17.6% YoY
Effective rate
7.97%
On assessed value
Assessed land
$62,780
Assessed improvement
$186,850
Land market value
$225,000
Improvement market value
$669,710
Total market value
$894,710
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
Hotels
Use group
HOTEL
Status
For Lease
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
9
Rooms
10
Bathrooms
1
Total area
19,741 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-17-012
UPID
US13-0750571
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
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
9
Rooms
10
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
546 Main S & T LLC
Entity
Mailing address
2140 ARAPAHOE ST, DENVER, CO 80205-2511
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2019
—
546 Main St LLC
—
Deed
related
$835,000 · Rnb Lndg Group
Feb 5, 2019
$912,000
546 Main S & T LLC
Caga LLC
Warranty Deed
$75,000 · Caga LLC
Feb 10, 2017
—
Caga LLC
—
Deed
related
$55,000 · Timberline Bank
Jan 26, 2017
—
Caga LLC
Haitz,gregory C & Andrea L
Quit Claim Deed
related
—
Sep 22, 2016
$750,000
Gregory C Haitz
Valley Exchange Properties III LLC
Special Warranty Deed
$675,000 · Timberline Bank
Jun 16, 2016
$529,617
Valley Exchange Props III LLC
Deputy Public Te Of Mesa Cnty|armantrout,robert J
Trustees Deed
—
Jun 1, 2016
$529,617
Robert J Armantrout
Deputy Public Te Of Mesa Cnty
Certificate Of Purchase
related
$2,490,000
Nov 30, 2011
—
Robert J Armantrout
—
Deed Of Trust
related
$2,660,000 · Bellco Cu
—
—
546 Main St LLC
—
Deed Of Trust
related
$835,000 · Rnb Lndg Group
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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