1869 MainMontrose, CO 81401

  • Theaters & concert halls
  • 14,104 SF
Off market
$20,298,190 Estimated

Property Details for 1869 Main

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.03 AC
Property size (Sq ft)
14,104 SF
Property type
Theaters & concert halls
APN
3767-224-14-004
APU
376722414004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,553,800
    6.5%
    $1,434,280
    7%
    $1,331,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,181,380
    Geo Method
    $885,607
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,275,190
    Retail / Commercial
    $2,717,490
    Mixed-Use / Specialty
    $2,717,570
    Hospitality / Lodging
    $2,006,510
    Office
    $2,711,600
    Institutional / Educational
    $2,828,670
    Residential Income
    $3,309,540
    Multifamily
    $3,915,130
    Automotive / Energy
    $2,424,570
    Parking / Income-Based Land
    $827,039
    Restaurant / Food Service
    $1,434,280
    Healthcare / Senior Housing
    $2,776,800

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4892
Longitude
-107.858
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
$33,122
$127,490
$347,060
$474,550
-
$439,610
$1,196,750
$1,636,360

FAQs

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