Back to Search
Property profile & analytics
OFF-MARKET
Office buildings
618 Rood Ave Grand Junction, CO 81501-2742
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1137283
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,720 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-07-008
UPID
US13-1137283
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
-
Blair Drazic Attorney - Consumer Law Law Firm
-
Pediatric Psychology Services of Colorado Physician Medical Clinic
-
Pediatric Psychology Services of Colorado: Dr. Nichole Swann Physician Medical Clinic
-
Dyslexia Foundation of Western Colorado Charitable Organization Social Service Agency
-
Nichole Hardy Swann Physician Medical Clinic
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
Pediatric Psychology Servoices Of C · 3 yrs held
Pediatric Psychology Servoices Of C
since 2022
Last sale
$541,000
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
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
$8,629
Tax year 2023
Assessed value
$108,830
Assessed 2023
Previous assessed
$76,520
+42.2% YoY
Effective rate
7.93%
On assessed value
Assessed land
$31,390
Assessed improvement
$77,440
Land market value
$112,500
Improvement market value
$277,550
Total market value
$390,050
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
2,720 SF
Lot
0.14 ac (6,250 SF)
Zoning code
B-2
APN
2945-143-07-008
UPID
US13-1137283
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
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Pediatric Psychology Servoices Of C
Individual
Mailing address
618 ROOD AVE, GRAND JUNCTION, CO 81501-2742
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Sep 29, 2022
$541,000
Pediatric Psychology Servoices Of C
Zero Point Mortgage Services LLC
Special Warranty Deed
$405,750 · Alpine Bank
Sep 28, 2022
—
Zero Point Mortgage Services LLC
Bethany Franek
Correction Deed
related
—
Aug 8, 2022
—
Zero Point Mortgage Services LLC
—
Deed
related
$125,000 · Bte 2 Lending LLC
Aug 27, 2021
$410,000
Zero Point Mortgage Services LLC
Pamela L Blythe
Warranty Deed
$336,000 · Bbva USA
Jun 7, 2005
—
Roy T Blythe
—
Trustees Deed
related
$200,000 · Alpine Bank
Aug 9, 2000
$168,000
Roy T Blythe
Mccoy,daniel L & Janet L
Grant Deed
$134,400 · Wells Fargo Bank West NA
—
—
Roy T Blythe
—
Deed Of Trust
related
$250,000 · Alpine Bank
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 618 Rood Ave?
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.
