102 Par PlMontrose, CO 81401

Property Details for 102 Par Pl

Year built

1994

Construction

STEEL FRAME

Lot size

0.80 AC

Property size (Sq ft)

9,600 SF

Property type

Office buildings

APN

3767-271-23-005

APU

376727123005

Description

This single-tenant office space, located at 102 Par Pl, Unit #1 in Montrose, Colorado, offers 1,348 square feet of meticulously designed space ideal for modern businesses. Built in 1994, this one-story building within a larger 9,600 square foot complex is situated on a B-2 zoned lot in Montrose County (zip code 81401). The space features a thoughtfully planned layout to maximize productivity, including ample room for workstations, conference areas, and collaborative workspaces. Two ADA-compliant restrooms ensure accessibility for all. The property's design prioritizes both functionality and a professional atmosphere, making it suitable for a variety of commercial uses, from professional services to retail. This is a fantastic opportunity for businesses seeking efficient and well-appointed office space in a convenient Montrose location. The building consists of one building with a total of 9,600 square feet. This particular unit is ready for immediate occupancy. The property's strategic location and flexible zoning provide a strong foundation for business growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $1,764,244

  6.5%

  $1,628,533

  7%

  $1,512,209

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,953,654

  Geo Method

  $793,152

• Alternative Use

  Use

  Valuation

  Residential

  $2,019,381

  Hospitality

  $1,849,742

  Educational

  $1,538,964

  Medical

  $1,591,891

  Retail

  $2,393,944

Location Insight

City

Montrose

County

Montrose

State

Colorado

Latitude

38.4857

Longitude

-107.858

CBSA code

33940

CBSA name

MONTROSE, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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