2500 BridgesMontrose, CO 81401

  • Sports & entertainment properties
  • 19,761 SF
Off market

Property Details for 2500 Bridges

Year built
2004
Construction
WOOD
Lot size
181.66 AC
Property size (Sq ft)
19,761 SF
Property type
Sports & entertainment properties
APN
3993-031-26-001
APU
399303126001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,177,020
    6.5%
    $2,009,550
    7%
    $1,866,010
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,056,320
    Geo Method
    $1,240,820
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,391,030
    Retail / Commercial
    $3,807,450
    Mixed-Use / Specialty
    $3,807,560
    Hospitality / Lodging
    $2,811,310
    Office
    $3,799,200
    Institutional / Educational
    $3,963,220
    Residential Income
    $4,636,970
    Multifamily
    $5,485,450
    Automotive / Energy
    $3,397,050
    Parking / Income-Based Land
    $1,158,760
    Restaurant / Food Service
    $2,009,550
    Healthcare / Senior Housing
    $3,890,550

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4568
Longitude
-107.847
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
$38,388
$68,730
$519,100
$587,830
-
$237,000
$1,790,000
$2,027,000

FAQs

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