561 25th RdaGrand Junction, CO 81505

Property Details for 561 25th Rda

Year built

2004

Construction

STEEL FRAME

Lot size

2.34 AC

Property size (Sq ft)

19,926 SF

Zone code

C-2

Property type

Hospitality properties

Property subtype

Hotels

APN

2945-091-21-006

APU

294509121006

• CAP approach

  CAP return

  Valuation

  6%

  $4,159,319

  6.5%

  $3,839,371

  7%

  $3,565,130

• Comparable approach

  Method

  Valuation

  Method 1

  $9,529,374

  Method 2

  $3,868,772

• Alternative Use

  Use

  Valuation

  Residential

  $4,191,478

  Hospitality

  $3,839,371

  Educational

  $3,194,312

  Medical

  $3,304,169

  Retail

  $4,968,930

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.0858

Longitude

-108.59

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $380,510
• Assessed land value
  $75,080
• Assessed value
  $455,590
• Tax year
  2023
• Tax bill
  $32,211

FAQs

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