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Property profile & analytics
OFF-MARKET
Strip malls
625 24th 12th Rd Grand Junction, CO 81505-1246
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US13-1051302
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
STEEL FRAME
Total area
12,721 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-1
APN
2945-043-28-001
UPID
US13-1051302
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
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
Liquor Barn Real Estate LLC · 7 yrs held
Liquor Barn Real Estate LLC
since 2018
5 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
$32,915
Tax year 2023
Assessed value
$465,540
Assessed 2023
Previous assessed
$366,990
+26.9% YoY
Effective rate
7.07%
On assessed value
Assessed land
$80,990
Assessed improvement
$384,550
Land market value
$290,290
Improvement market value
$1,378,310
Total market value
$1,668,600
Applied tax rate
10,301.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
4
Total area
12,721 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-1
APN
2945-043-28-001
UPID
US13-1051302
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
4
Lot
0.95 ac
Current owner
From public records · entity-resolved
Liquor Barn Real Estate LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2438 PATTERSON RD, GRAND JUNCTION, CO 81505-1215
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2018
—
Liquor Barn Real Estate LLC
—
Deed
related
—
Aug 6, 2012
—
Liquor Barn Real Estate LLC
—
Trustees Deed
related
$100,000 · Alpine Bank
Dec 30, 2011
—
Liquor Barn Real Estate LLC
—
Deed Of Trust
related
$2,100,000 · Alpine Bank
—
—
Liquor Barn Real Estate LLC
—
Loan Modification
related
—
—
—
Liquor Barn Real Estate LLC
—
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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