1400 MainMontrose, CO 81401

  • Retail properties
  • 5,241 SF
Off market
$708,770 Estimated

Property Details for 1400 Main

Year built
2004
Construction
STEEL FRAME
Property size (Sq ft)
5,241 SF
Property type
Retail properties
Property subtype
Banks
APN
3767-271-37-001
APU
376727137001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,415,856
    6.5%
    $1,306,944
    7%
    $1,213,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,687,764
    Geo Method
    $1,091,189
  • Alternative Use

    Use
    Valuation
    Residential
    $1,102,456
    Hospitality
    $1,009,844
    Educational
    $840,178
    Medical
    $869,073
    Retail
    $1,306,944
1400 Main, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4864
Longitude
-107.865
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $440,630
  • Assessed land value
    $145,130
  • Assessed value
    $585,760
  • Tax year
    2023
  • Tax bill
    $38,252

FAQs

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