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Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Apartment buildings
628 26th 12th Rd Grand Junction, CO 81506-1932
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US13-1192942
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Construction
WOOD
Total area
48,852 SF
Lot
2.37 ac (103,237 SF)
Zoning code
R-0
APN
2945-024-29-002
UPID
US13-1192942
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.01M
Owner & transaction history
Mcls Holdings LLC · 6 yrs held
Mcls Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
R-0 · 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
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±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
$21 / 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
$22,929
Tax year 2023
Assessed value
$324,300
Assessed 2023
Previous assessed
$295,470
+9.8% YoY
Effective rate
7.07%
On assessed value
Assessed land
$44,450
Assessed improvement
$279,850
Land market value
$663,500
Improvement market value
$4,176,850
Total market value
$4,840,350
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
78
Rooms
104
Total area
48,852 SF
Lot
2.37 ac (103,237 SF)
Zoning code
R-0
APN
2945-024-29-002
UPID
US13-1192942
Jurisdiction
MESA
Zoning & alternative use
R-0 · Grand Junction, CO
Zoning R-0 · permitted uses
R-0 · 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
2016
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
78
Rooms
104
Lot
2.37 ac
Current owner
From public records · entity-resolved
Mcls Holdings LLC
Entity
Mailing address
9570 S KINGSTON CT STE #300, ENGLEWOOD, CO 80112-6004
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2019
—
Mcls Holdings LLC
Cd Senior Living Mpi LLC
Grant Deed
—
Nov 8, 2019
$2,412,100
Cappella Of Grand Junction LLC
Mmb II LLC
Grant Deed
—
Nov 8, 2019
$984,800
Cappella Of Grand Junction LLC
Mcls Holdings LLC
Grant Deed
—
Nov 8, 2019
$243,500
Cappella Of Grand Junction LLC
Dz Mb Investments LLC
Special Warranty Deed
—
Nov 8, 2019
$17,359,400
Cappella Of Grand Junction LLC
Cd Cls LLC
Special Warranty Deed
$2,224,000 · Wells Fargo Bank NA
Jul 17, 2018
—
Development Investors Fund LLC
Rankin Holdings LLC
Grant Deed
—
Jun 27, 2016
$855,000
Rankin Holdings LLC
Jim West-builder INC
Grant Deed
—
—
—
Cd-cls Grand Junction LLC
—
Loan Modification
related
$15,000,000 · Bok Fin'l
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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