1620 HermosaGrand Junction, CO 81506

  • Apartment buildings
  • 1,988 SF
Off market

Property Details for 1620 Hermosa

Year built
2003
Construction
WOOD
Property size (Sq ft)
1,988 SF
Property type
Apartment buildings
APN
2945-013-15-979
APU
294501315979

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $505,363
    6.5%
    $466,489
    7%
    $433,169
  • Comparable approach

    Method
    Valuation
    Relative Method
    $473,346
    Geo Method
    $192,171
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $743,554
    Retail / Commercial
    $383,038
    Mixed-Use / Specialty
    $383,049
    Hospitality / Lodging
    $282,824
    Office
    $382,208
    Institutional / Educational
    $398,709
    Multifamily
    $551,849
    Automotive / Energy
    $341,750
    Parking / Income-Based Land
    $116,574
    Restaurant / Food Service
    $202,165
    Healthcare / Senior Housing
    $391,398

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.0943
Longitude
-108.547
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
2015
-
$3,120
$11,340
$14,460
-
$39,200
$142,440
$181,640

FAQs

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