430 2ndMontrose, CO 81401

  • Auto shops
  • 1,500 SF
Off market
$2,156,250 Estimated

Property Details for 430 2nd

Year built
1997
Construction
STEEL FRAME
Lot size
0.22 AC
Property size (Sq ft)
1,500 SF
Property type
Auto shops
APN
3767-284-02-002
APU
376728402002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $313,097
    6.5%
    $289,012
    7%
    $268,369
  • Comparable approach

    Method
    Valuation
    Relative Method
    $317,469
    Geo Method
    $128,887
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $561,031
    Mixed-Use / Specialty
    $289,021
    Hospitality / Lodging
    $213,398
    Office
    $288,386
    Institutional / Educational
    $300,837
    Residential Income
    $351,979
    Multifamily
    $416,385
    Automotive / Energy
    $257,860
    Parking / Income-Based Land
    $87,957.90
    Restaurant / Food Service
    $152,539
    Healthcare / Senior Housing
    $295,320

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4812
Longitude
-107.877
CBSA code
33940
CBSA name
MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,733
$21,510
$28,940
$50,450
-
$74,160
$99,790
$173,950

FAQs

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