950 Spg CrkMontrose, CO 81403

  • Retail properties
  • 2,800 SF
Off market
$150,706 Estimated

Property Details for 950 Spg Crk

Year built
1982
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.91 AC
Property size (Sq ft)
2,800 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
3767-332-04-002
APU
376733204002

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $756,420
    6.5%
    $698,234
    7%
    $648,360
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,435,936
    Geo Method
    $582,967
  • Alternative Use

    Use
    Valuation
    Residential
    $588,986
    Hospitality
    $539,508
    Educational
    $448,864
    Medical
    $464,302
    Retail
    $698,234
950 Spg Crk, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4742
Longitude
-107.893
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $76,370
  • Assessed land value
    $48,180
  • Assessed value
    $124,550
  • Tax year
    2023
  • Tax bill
    $7,866

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