1803 TownsendMontrose, CO 81401

  • Drive through restaurants
  • 2,895 SF
Off market
$6,841,810 Estimated

Property Details for 1803 Townsend

Year built
1974
Construction
WOOD
Lot size
0.68 AC
Property size (Sq ft)
2,895 SF
Property type
Drive through restaurants
APN
3767-344-01-001
APU
376734401001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $604,277
    6.5%
    $557,794
    7%
    $517,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $612,715
    Geo Method
    $248,752
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,082,790
    Mixed-Use / Specialty
    $557,810
    Hospitality / Lodging
    $411,858
    Office
    $556,585
    Institutional / Educational
    $580,615
    Residential Income
    $679,319
    Multifamily
    $803,623
    Automotive / Energy
    $497,670
    Parking / Income-Based Land
    $169,759
    Restaurant / Food Service
    $294,401
    Healthcare / Senior Housing
    $569,968

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4669
Longitude
-107.866
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
$33,362
$108,690
$403,310
$512,000
-
$374,810
$1,390,730
$1,765,540

FAQs

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