340 TownsendMontrose, CO 81401

  • Retail properties
  • 2,700 SF
For Sale
$1,050,000 View listing

Property Details for 340 Townsend

Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.36 AC
Property size (Sq ft)
2,700 SF
Property type
Retail properties
Property subtype
Banks
APN
3767-273-68-003
APU
376727368003

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $729,405
    6.5%
    $673,297
    7%
    $625,204
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,384,652
    Geo Method
    $562,146
  • Alternative Use

    Use
    Valuation
    Residential
    $567,951
    Hospitality
    $520,240
    Educational
    $432,834
    Medical
    $447,719
    Retail
    $673,297
340 Townsend, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4757
Longitude
-107.875
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $142,010
  • Assessed land value
    $13,530
  • Assessed value
    $155,540
  • Tax year
    2023
  • Tax bill
    $12,504

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