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    Mark Covington, Montrose, CO

    License ID: SP01311158
    Years of Experience
    33
    Languages
    English
    Association
    Montrose Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (970) 209-1956
    Office Address:
    2730 Commercial Way, Montrose, CO 81401

    Property Types

    • Commercial Sale
    • Land

    Performance

    Listings
    7
    Total transactions
    241
    Total transactions amount
    $83M
    Price range
    $155k - 1.3M
    Average price
    $344k

    Listings

    For Sale (7)

    View map
    • $1,175,000
      127.93 Acres

      Productive Farmland Near Delta, Colorado

      127.9 acres of farmland with irrigation near Delta and Olathe.
      Tbd 5675 Rd, Delta, CO 81416
      View Details
    • $670,000
      3,284 SF

      Downtown Montrose Restaurant Opportunity

      3,284 SF restaurant with equipment included in downtown Montrose.
      647 E Main St, Montrose, CO 81401
      View Details
    • $330,000
      1.61 Acres

      Montrose Residential Land with Riverfront

      1.6 acre residential lot with river frontage and utilities.
      Tbd 6360 Rd, Montrose, CO 81403
      View Details
    • $330,000
      2.17 Acres

      Riverfront Land Ready to Build

      2+ acre riverfront property with utilities in Montrose, Colorado.
      Tbd 6360 Rd, Montrose, CO 81403
      View Details
    • $225,000
      35.00 Acres

      35 Acres in Montrose, CO

      35-acre residential land with valley views near Montrose, Colorado.
      Tbd Jig Rd, Montrose, CO 81403
      View Details
    • $99,000
      0.92 Acres

      Fairway Pines Residential Lot

      0.919-acre lot near San Juan Mountains with paid water tap.
      Tbd Badger Trl North, Ridgway, CO 81432
      View Details
    • $184,900
      6.97 Acres

      Montrose Residential Lot with Utilities

      6.9 acre lot with installed utilities and mountain views.
      63345 Ida Rd, Montrose, CO 81401
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Mark Covington, Montrose, CO
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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