227 UteMontrose, CO 81401

  • Assisted living facilities
  • 39,996 SF
Off market
$14,927,920 Estimated

Property Details for 227 Ute

Year built
1985
Construction
WOOD
Lot size
1.49 AC
Property size (Sq ft)
39,996 SF
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
3767-284-28-901
APU
376728428901

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,530,620
    6.5%
    $7,874,420
    7%
    $7,311,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,383,590
    Geo Method
    $3,403,600
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $14,959,300
    Retail / Commercial
    $7,706,230
    Mixed-Use / Specialty
    $7,706,460
    Hospitality / Lodging
    $5,690,050
    Office
    $7,689,530
    Institutional / Educational
    $8,021,510
    Residential Income
    $9,385,160
    Multifamily
    $11,102,500
    Automotive / Energy
    $6,875,580
    Parking / Income-Based Land
    $2,345,310
    Restaurant / Food Service
    $4,067,310

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.4788
Longitude
-107.882
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
-
$65,060
$1,018,510
$1,083,570
-
$224,340
$3,512,120
$3,736,460

FAQs

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