2523 Hwy 6th And 50Grand Junction, CO 81505

  • Drive through restaurants
  • 5,729 SF
Off market
$10,319,410 Estimated

Property Details for 2523 Hwy 6th And 50

Year built
2008
Construction
WOOD
Lot size
1.03 AC
Property size (Sq ft)
5,729 SF
Zone code
C-2
Property type
Drive through restaurants
APN
2945-103-64-002
APU
294510364002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,547,689
    6.5%
    $1,428,636
    7%
    $1,326,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,938,027
    Geo Method
    $1,192,792
  • Alternative Use

    Use
    Valuation
    Residential
    $1,205,108
    Hospitality
    $1,103,872
    Educational
    $918,409
    Medical
    $949,994
    Retail
    $1,428,636

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.0804
Longitude
-108.585
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
$28,424
$250,360
$151,660
$402,020
-
$897,340
$543,600
$1,440,940

FAQs

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