461 MainGrand Junction, CO 81501

  • Retail properties
  • 16,750 SF
Off market
$361,173 Estimated

Property Details for 461 Main

Year built
1904
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.14 AC
Property size (Sq ft)
16,750 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Strip malls
APN
2945-143-21-011
APU
294514321011

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,525,011
    6.5%
    $4,176,933
    7%
    $3,878,581
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,589,972
    Geo Method
    $3,487,390
  • Alternative Use

    Use
    Valuation
    Residential
    $3,523,399
    Hospitality
    $3,227,415
    Educational
    $2,685,171
    Medical
    $2,777,518
    Retail
    $4,176,933
461 Main, Grand Junction, Colorado

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.067
Longitude
-108.565
CBSA code
24300
CBSA name
GRAND JUNCTION, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $235,710
  • Assessed land value
    $62,780
  • Assessed value
    $298,490
  • Tax year
    2023
  • Tax bill
    $23,606

FAQs

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