1440 TownsendMontrose, CO 81401

Property Details for 1440 Townsend

Year built

1986

Construction

STEEL FRAME

Lot size

2.74 AC

Property size (Sq ft)

4,311 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

3767-213-03-018

APU

376721303018

• CAP approach

  CAP return

  Valuation

  6%

  $1,164,616

  6.5%

  $1,075,030

  7%

  $998,242

• Comparable approach

  Method

  Valuation

  Method 1

  $2,210,828

  Method 2

  $897,561

• Alternative Use

  Use

  Valuation

  Residential

  $906,828

  Hospitality

  $830,650

  Educational

  $691,091

  Medical

  $714,859

  Retail

  $1,075,030

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.4916

Longitude

-107.891

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $181,180
• Assessed land value
  $161,360
• Assessed value
  $342,540
• Tax year
  2023
• Tax bill
  $22,129

FAQs

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