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Financial
Distress signals
Property profile

715 Horizon Dr Grand Junction, CO 81506

FOR SALE
Office buildings
Property ID
US13-0868590
72,012 SF 2.84 ac lot Built 1978
Last sale Dec 2003
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The offering relates to a liquor store business in Grand Junction, Colorado, operating from approximately 1,842 square feet of retail space configured for customer convenience and product display. The sale terms indicate the inclusion of the business along with fixtures and goodwill, while inventory is not included and would be handled separately. The property is situated in a high-traffic commercial area with customer access and visibility from the street.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$116k
Tax billed · 2023
Assessed value$1.57M
Assessed land$242k
Assessed improvement$1.33M
Effective rate7.40%

Value estimate

· Oct 2026
$5.04M
$4.54M – $5.54M
Submarket $/SF estimate$6.51M
NOI build-up
Gross scheduled income$1.29M
Vacancy & credit loss−$386k
Operating expenses−$225k
NOI · 10.00% cap applied$675k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$140/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$90 – $199

Cap rate analysis

How does the asset earn?
10.00%
$675k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionMESA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.7
Auto Repair Shop21.4
Wholesale Shop21.1

Location

715 Horizon Dr Grand Junction, CO 81506
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2782 Xrds, Grand Junction, CO 81506-8711 $725,000 Jan 2024 3,380 SF
743 Horizon, Grand Junction, CO 81506-8701 $6,336,183 May 2022 71,311 SF
2743 Xrds, Grand Junction, CO 81506-3954 $124,000 Jan 2022 4,060 SF
2795 Skyline, Grand Junction, CO 81506-3908 $538,695 Feb 2021 3,011 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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