Property profile

616 Grand Ave Fruita, CO 81521

OFF-MARKET
Warehouses
Property ID
US13-1053863
4,160 SF Built 1994
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Construction STEEL FRAME
Total area 4,160 SF
Zoning code DMU
APN 2697-174-00-033
UPID US13-1053863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Take-out & Catering
  • Kennel & Boarding Facility
  • Clothing & Fashion Store

Location

616 Grand Ave Fruita, CO 81521-3031
Fruita metro Census 1504 GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$600k
Comparable Approach Comparable
$475k
Blend (final) Blend
$305k

Owner & transaction history

since 2018
2 recorded transactions
2018
$395,000
2008
$265,000

Zoning & alternative use

DMU · Fruita, CO
Zoning description

Overlay, and in the Downtown Mixed Use (DMU), and Commercial-1 (C-1) zones. Accessory dwelling units must be located on a lot that contains a principle single-family dwelling unit and cannot exceed one thousand (1,000) s…

General category MIXED_USE
Top alternative use upside
Commercial (general) $680,000 +16.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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