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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Hotels
634 Main St Grand Junction, CO 81501-2777
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-0675029
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,963 SF
Lot
0.29 ac (12,500 SF)
Zoning code
B-2
APN
2945-143-18-012
UPID
US13-0675029
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
-
Lush Lashes llc Hair Salon Nail Salon
-
Frckld Skin Co. Hair Salon
-
Garrett Marshall Physician
-
Heavenly Beauty LLC Hair Salon
-
Preston Lee - COUNTRY Financial representative Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$579k
Blend (final)
Blend
$930k
Owner & transaction history
H R Adventures LLC · 7 yrs held
H R Adventures LLC
since 2019
2 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,135,000
6.5%
$1,050,000
7%
$975,000
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±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
$47 / 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
$23,842
Tax year 2023
Assessed value
$292,580
Assessed 2023
Previous assessed
$220,300
+32.8% YoY
Effective rate
8.15%
On assessed value
Assessed land
$125,550
Assessed improvement
$167,030
Land market value
$450,000
Improvement market value
$598,670
Total market value
$1,048,670
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
10
Rooms
10
Bathrooms
1
Total area
19,963 SF
Lot
0.29 ac (12,500 SF)
Zoning code
B-2
APN
2945-143-18-012
UPID
US13-0675029
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
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
10
Rooms
10
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
H R Adventures LLC
Entity
Mailing address
101 S 3RD ST STE #360, GRAND JUNCTION, CO 81501-2477
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
Hr Adventures LLC
—
Deed
related
$400,000 · Timberline Bank
Jul 3, 2019
$850,000
H R Adventures LLC
Sentinel Square INC
Warranty Deed
$850,000 · Timberline 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.
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