401 MainGrand Junction, CO 81501

  • Hospitality properties
  • 5,960 SF
Off market
$136,660 Estimated

Property Details for 401 Main

Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.07 AC
Property size (Sq ft)
5,960 SF
Zone code
B-2
Property type
Hospitality properties
Property subtype
Hotels
APN
2945-143-21-001
APU
294514321001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,244,080
    6.5%
    $1,148,382
    7%
    $1,066,354
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,850,300
    Geo Method
    $1,157,176
  • Alternative Use

    Use
    Valuation
    Residential
    $1,253,699
    Hospitality
    $1,148,382
    Educational
    $955,440
    Medical
    $988,299
    Retail
    $1,486,240
401 Main, Grand Junction, Colorado

Location Insight

City
Grand Junction
County
Mesa
State
Colorado
Latitude
39.067
Longitude
-108.566
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
$10,850
$31,390
$105,270
$136,660
-
$112,500
$377,310
$489,810

FAQs

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