Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,790,000
Banks
633 24th Rd Grand Junction, CO 81505-1241
Individually Owned
5-yr Hold
Property ID
US13-0555729
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2005
Construction
WOOD
Total area
10,516 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-2
APN
2945-054-00-071
UPID
US13-0555729
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
-
Harmony Federal Credit Union (FCU) Credit Union
-
Grand Junction Federal Credit Union Credit Union
-
Premier Home Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.26M
Blend (final)
Blend
$3.79M
Owner & transaction history
Grand Junction Federal Credit Union · 5 yrs held
Grand Junction Federal Credit Union
since 2021
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
C-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
Method
Estimation
Statistic approach
$3,770,000
ML approach
$3,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.79M
Range $3.41M – $4.17M · ±10% · vs last sale $3.80M (Mar 31 2021)
Last sale anchor
$3.80M
Mar 31 2021
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
$360 / 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
$42,310
Tax year 2023
Assessed value
$598,430
Assessed 2023
Previous assessed
$441,650
+35.5% YoY
Effective rate
7.07%
On assessed value
Assessed land
$90,850
Assessed improvement
$507,580
Land market value
$325,610
Improvement market value
$1,819,270
Total market value
$2,144,880
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
5
Bathrooms
1
Total area
10,516 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-2
APN
2945-054-00-071
UPID
US13-0555729
Jurisdiction
MESA
Zoning & alternative use
C-2 · Grand Junction, COZoning C-2 · permitted uses
C-2 · Grand Junction, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
5
Bathrooms
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Grand Junction Federal Credit Union
Individual
Mailing address
633 24TH RD, GRAND JUNCTION, CO 81505-1241
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2021
$3,800,000
Grand Junction Federal Credit Union
Timberline Bank
Warranty Deed
—
Apr 25, 2018
—
H S I Ski
—
Deed
related
—
Sep 3, 2009
$100,000
Timberline Bk
Public Trustee Of Mesa County
Certificate Of Purchase
related
$120,000
Jan 10, 2005
$450,000
Timberline Bank INC
Tp Re INC
Warranty Deed
—
Aug 6, 2004
$425,000
Tp Re INC
West Of The Rockies LLC
Grant Deed
$402,763 · National Exchange Bank & Trust
Aug 14, 2002
$300,000
West Of Rockies LLC
Allen,tr
Grant Deed
—
Aug 29, 2000
—
Daniel C Allen
Sols House Of Heat
Grant Deed
related
—
—
—
Sonshine II Construction & Dev
—
Loan Modification
related
—
—
—
H S I Ski
—
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.
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 633 24th Rd?
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.
