Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Apartment buildings
730 Hwy 50 Grand Junction, CO 81503-1912
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-1091373
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1945
Construction
WOOD
Total area
9,383 SF
Lot
0.69 ac (30,000 SF)
Zoning code
C-1
APN
2945-261-23-007
UPID
US13-1091373
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
$1.03M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
730 S Highway 50 LLC · 2 yrs held
730 S Highway 50 LLC
since 2023
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
C-1 · Grand Junction, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+175.0%
Commercial (general)
$1.4M
+157.8%
Restaurant
$965,000
+80.1%
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
$1,150,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,475,000
Change: +175% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,380,000
Change: +158% · Conversion: Moderate
RESTAURANT
$965,000
Change: +80% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$900,000
Change: +68% · Conversion: Difficult
RETAIL STORES
$700,000
Change: +31% · Conversion: Difficult
MEDICAL BUILDING
$660,000
Change: +23% · Conversion: Moderate
OFFICE BUILDING
$655,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $1.08M (Nov 15 2023)
Last sale anchor
$1.08M
Nov 15 2023
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
$116 / 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
$3,550
Tax year 2023
Assessed value
$48,820
Assessed 2023
Previous assessed
$44,140
+10.6% YoY
Effective rate
7.27%
On assessed value
Assessed land
$6,850
Assessed improvement
$41,970
Land market value
$102,280
Improvement market value
$626,430
Total market value
$728,710
Applied tax rate
14,100.0000
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
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
WINDOW A/C
Stories
1
Units
17
Rooms
17
Bathrooms
0
Total area
9,383 SF
Lot
0.69 ac (30,000 SF)
Zoning code
C-1
APN
2945-261-23-007
UPID
US13-1091373
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$965,000
INDUSTRIAL (GENERAL)
Est. value
$900,000
RETAIL STORES
Est. value
$700,000
MEDICAL BUILDING
Est. value
$660,000
OFFICE BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Units
17
Rooms
17
Bathrooms
0
Lot
0.69 ac
Current owner
From public records · entity-resolved
730 S Highway 50 LLC
Entity
Mailing address
2755 NN AVE, GRAND JUNCTION, CO 81501-6440
Ownership since
2023
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
Nov 15, 2023
$1,084,000
730 S Highway 50 LLC
Consensus Development LLC
Special Warranty Deed
$689,000 · Consensus Development LLC
Jan 16, 2018
—
Consensus Dev LLC
Cole,dale G
Quit Claim Deed
related
—
Jan 5, 2018
$413,000
Dale G Cole
Schumacher Sandra J
Grant Deed
related
$315,000 · Marilyn Rabideau
Nov 20, 2017
—
Sandra J Schumacher
—
Trustees Deed
related
$29,000 · Alpine Bk
—
—
Sandra J Schumacher
—
Deed Of Trust
related
$125,000 · Alpine 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.
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 730 Hwy 50?
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.
