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    Property profile & analytics

    785 Elberta Ave Palisade, CO 81526-8805

    • Vineyards
    • 12,740 SF
    • 4.73 lot acres
    OFF-MARKET
    Value Estimation
    $3,040,000
    Last Sale
    Jun 24, 2024
    Location Intelligence
    Property ID
    US13-1031931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Palisade pizza and pourhouse / Pizza Restaurant
    • Deroco Cellars / Winery

    Property Details for 785 Elberta Ave

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    4.73 lot acres
    Property size
    12,740 SF
    Zone code
    B-1
    Property type
    Vineyards
    APN
    2937-054-00-095
    APU
    293705400095

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,055,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,840,000
      6.5%
      $2,680,000
      7%
      $2,660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,030,000
      Geo Method
      $3,155,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,630,000
      Retail
      $2,560,000
      Mixed-Use
      $3,050,000
      Hospitality
      $2,660,000
      Educational
      $2,975,000
      Residential Income
      $3,200,000
      Energy
      $3,070,000
      Income-Based Land
      $3,145,000
      Food Service
      $2,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Palisade
    County
    Mesa
    State
    Colorado
    Longitude
    -108.361
    Latitude
    39.1166
    CBSA code
    24300
    CBSA name
    GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,927
    $79,180
    $266,930
    $346,110
    -
    $283,800
    $956,730
    $1,240,530

    Comparable in this City

    • Value Estimation
      $325,000
      2,458 SF

      349 8th St

      WINERY • 2,458 SF
      349 8th St, Palisade, CO 81526-8671
      View Details
    • Value Estimation
      $320,000
      800 SF

      461 35th Rd

      WINERY • 800 SF
      461 35th Rd, Palisade, CO 81526-9518
      View Details
    • Value Estimation
      $325,000
      6,525 SF

      676 38th 14th Rd

      WINERY • 6,525 SF
      676 38th 14th Rd, Palisade, CO 81526-9341
      View Details
    • Value Estimation
      $1,185,000
      10,400 SF

      3701 G Rd

      WINERY • 10,400 SF
      3701 G Rd, Palisade, CO 81526-8614
      View Details
    • Value Estimation by Request
      1,800 SF

      3820 G 14th Rd

      WINERY • 1,800 SF
      3820 G 14th Rd, Palisade, CO 81526-9752
      View Details
    • Value Estimation
      $530,000
      3,377 SF

      3587 G 710th Rd

      WINERY • 3,377 SF
      3587 G 710th Rd, Palisade, CO 81526-8724
      View Details

    Similar Nearby for Sale

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      View Details
    • $2,800,000

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      Thriving Palisade orchard with established food production and retail business.
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    • $1,100,000
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      Turn-key retail business, prime location.
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    • $139,000
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    785 Elberta Ave
    Palisade, CO 81526-8805
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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