1105 TownsendMontrose, CO 81401

  • Retail properties
  • 3,727 SF
Off market
$566,631 Estimated

Property Details for 1105 Townsend

Year built
1995
Construction
WOOD
Property size (Sq ft)
3,727 SF
Property type
Retail properties
Property subtype
Banks
APN
3767-342-42-001
APU
376734242001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,006,849
    6.5%
    $929,399
    7%
    $863,013
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,911,333
    Geo Method
    $775,970
  • Alternative Use

    Use
    Valuation
    Residential
    $783,983
    Hospitality
    $718,124
    Educational
    $597,471
    Medical
    $618,019
    Retail
    $929,399
1105 Townsend, Montrose, Colorado

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4701
Longitude
-107.867
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $315,530
  • Assessed land value
    $152,760
  • Assessed value
    $468,290
  • Tax year
    2023
  • Tax bill
    $26,957

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