1550 Niagara RdMontrose, CO 81401

Property Details for 1550 Niagara Rd

Year built

1976

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.53 AC

Property size (Sq ft)

4,134 SF

Property type

Office properties

Property subtype

Office buildings

APN

3767-341-22-015

APU

376734122015

• CAP approach

  CAP return

  Valuation

  6%

  $759,728

  6.5%

  $701,287

  7%

  $651,195

• Comparable approach

  Method

  Valuation

  Method 1

  $841,292

  Method 2

  $341,551

• Alternative Use

  Use

  Valuation

  Residential

  $869,596

  Hospitality

  $796,545

  Educational

  $662,716

  Medical

  $685,508

  Retail

  $1,030,892

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.4669

Longitude

-107.865

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $186,380
• Assessed land value
  $50,020
• Assessed value
  $236,400
• Tax year
  2023
• Tax bill
  $15,093

FAQs

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