Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
554 Main St Grand Junction, CO 81501-2608
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-0069289
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,725 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-17-013
UPID
US13-0069289
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
-
Zephyr of Grand Junction Clothing Store
-
Posh Salon and Boutique Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$950k
Owner & transaction history
Kwb4 Ventures LLC · 1 yrs held
Kwb4 Ventures LLC
since 2025
Last sale
$980,000
7 recorded transactions
Zoning & alternative use
B-2 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+59.6%
Warehouse, storage
$990,000
+7.9%
Office building
$945,000
+2.7%
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%
$1,065,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
RETAIL STORES
$920,000
Current use
RESTAURANT
$1,465,000
Change: +60% · Conversion: Easy
WAREHOUSE, STORAGE
$990,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$945,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$880,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $980k (Nov 27 2024)
Last sale anchor
$980k
Nov 27 2024
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
$141 / 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
$13,936
Tax year 2023
Assessed value
$171,190
Assessed 2023
Previous assessed
$132,640
+29.1% YoY
Effective rate
8.14%
On assessed value
Assessed land
$62,780
Assessed improvement
$108,410
Land market value
$225,000
Improvement market value
$388,550
Total market value
$613,550
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
2
Units
1
Rooms
10
Bathrooms
1
Total area
6,725 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-17-013
UPID
US13-0069289
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$920,000
RESTAURANT
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$990,000
OFFICE BUILDING
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$880,000
RETAIL STORES Current
RESTAURANT
WAREHOUSE, STORAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
10
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kwb4 Ventures LLC
Entity
Mailing address
2140 ARAPAHOE ST, DENVER, CO 80205-2511
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2025
$980,000
Kwb4 Ventures LLC
Jay M Soneff
Special Warranty Deed
—
Nov 16, 2017
—
Jay M Soneff
—
Deed
related
$250,000 · Great Western Bank
Jun 30, 2017
$512,500
Jay M Soneff
Bucklin Family Properties LLC
Grant Deed
—
Nov 8, 2013
—
Bucklin Family Properties LLC
Bucklin,randolph E
Quit Claim Deed
related
—
Dec 26, 2012
$282,500
Bucklin Trust
Bucklin,michael
Grant Deed
related
—
May 11, 2010
—
Bucklin Louis P Tr
Bucklin,weylene E
Affidavit Of Death
related
—
May 7, 2007
$455,000
Bucklin Family Trust
Huggard Marietta B Trust
Grant Deed
—
Apr 17, 2007
—
Huggard Marietta B Trust
Huggard,marietta B
Quit Claim Deed
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 554 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
