1331 HermosaGrand Junction, CO 81506

Property Details for 1331 Hermosa

Year built

1984

Construction

WOOD

Lot size

0.85 AC

Property size (Sq ft)

7,217 SF

Zone code

R-0

Property type

Office properties

Property subtype

Office buildings

APN

2945-013-11-006

APU

294501311006

• CAP approach

  CAP return

  Valuation

  6%

  $1,326,307

  6.5%

  $1,224,284

  7%

  $1,136,835

• Comparable approach

  Method

  Valuation

  Method 1

  $1,468,700

  Method 2

  $596,269

• Alternative Use

  Use

  Valuation

  Residential

  $1,518,112

  Hospitality

  $1,390,582

  Educational

  $1,156,948

  Medical

  $1,196,737

  Retail

  $1,799,697

Location Insight

City

Grand Junction

County

Mesa

State

Colorado

Latitude

39.0932

Longitude

-108.55

CBSA code

24300

CBSA name

GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $256,320
• Assessed land value
  $108,030
• Assessed value
  $364,350
• Tax year
  2023

FAQs

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