121 Rio GrandeMontrose, CO 81401

  • Warehouses
  • 3,219 SF
Off market

Property Details for 121 Rio Grande

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
3,219 SF
Property type
Warehouses
APN
3767-284-00-010
APU
376728400010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,304,300
    6.5%
    $1,203,970
    7%
    $1,117,980
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,048,140
    Geo Method
    $425,526
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $620,221
    Mixed-Use / Specialty
    $620,239
    Hospitality / Lodging
    $457,952
    Office
    $618,876
    Institutional / Educational
    $645,596
    Residential Income
    $755,347
    Multifamily
    $893,562
    Automotive / Energy
    $553,368
    Parking / Income-Based Land
    $188,758
    Restaurant / Food Service
    $327,349
    Healthcare / Senior Housing
    $633,757

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4785
Longitude
-107.88
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
$1,799
-
$26,150
$26,150
-
-
$90,180
$90,180

FAQs

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