Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12 Bostwick Park Rd Montrose, CO 81401

    • Land
    • 78.50 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12 Bostwick Park Rd

    Lot size
    78.50 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 78.5-acre property, located east of Montrose, Colorado, in the foothills of Bostwick Park, presents a unique opportunity for outdoor enthusiasts and investors alike. The land boasts a gently rolling topography, offering stunning views and diverse terrain ideal for a variety of recreational pursuits. Its convenient location places it just minutes away from thrilling dirt bike adventures and the breathtaking Black Canyon of the Gunnison National Park, providing unparalleled access to some of Colorado's most spectacular natural wonders. The property is identified as Tract 12 Bostwick Park Road, Montrose, CO 81401, and is clearly delineated within Montrose County. This expansive parcel is being offered at $345,000. It's important to note that this property is entirely separate and distinct from the Heritage at Bostwick Park Subdivision. The property's size and location make it perfect for a private ranch, hunting retreat, or a combination of both. The possibilities are endless for those seeking a secluded yet accessible piece of Colorado's natural beauty. Buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses. This is a rare opportunity to own a significant piece of land in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.753
    Latitude
    38.5292

    Comparable in this City

    • Value Estimation by Request
      50.97 Acres

      Bostwick Park Rd

      Farms • 50.97 Acres
      0 Bostwick Park Rd, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      36.48 Acres

      5 Bostwick Park Rd

      Farms • 36.48 Acres
      5 Bostwick Park Rd, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      54.59 Acres

      9 Bostwick Park Rd

      Farms • 54.59 Acres
      9 Bostwick Park Rd, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      58.00 Acres

      15 Bostwick Park Rd

      Farms • 58.00 Acres
      15 Bostwick Park Rd, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      43.00 Acres

      Heritage Tract 14

      Farms • 43.00 Acres
      0 Heritage Tract 14, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      53.87 Acres

      7 Bostwick Park Rd

      Farms • 53.87 Acres
      7 Bostwick Park Rd, Montrose, CO 81401
      View Details

    Similar Nearby for Sale

    • $1,390,000
      46.73 Acres

      Montrose Land: 46 Acres, Dual Zoning

      Prime Montrose land: development ready, stunning views.
      50/Iron Horse Dr, Montrose, CO 81401
      View Details
    • $4,950,000
      3,967 SF

      Colorado Farm and Ranch Retreat

      435-acre farm and ranch with post-and-beam home near Montrose.
      73035 Q72 Rd, Montrose, CO 81401
      View Details
    • $3,200,000
      299.52 Acres

      Montrose Ranch with Development Potential

      299+ acre working cattle ranch with development possibilities in Montrose.
      Tbd Sunnyside & 6900 Rd, Montrose, CO 81401
      View Details
    • $699,000
      70.00 Acres

      70 Acres in Montrose County

      70 acres suitable for a home, mini-ranch, or development.
      3 E Oak Grove Rd, Montrose, CO 81401
      View Details
    • $2,160,000
      214.42 Acres

      Montrose Agricultural Land Development Opportunity

      214.42 acres of land near Montrose, Colorado with development potential.
      2 6900 Rd, Montrose, CO 81401
      View Details
    • $399,000
      35.00 Acres

      Montrose Land with Mountain Views

      35-acre Montrose County land suitable for residential or agricultural use.
      E Oak Grove Rd, Montrose, CO 81401
      View Details

    Similar Nearby for Lease

    • $20,700

      Warehouse and Office Building

      21,600 SF warehouse and office space with expansion potential.
      12045 6300 Rd, Montrose, CO 81401
      View Details
    • $9 SF/Yr
      6,000 SF

      Main Street Montrose Office Space

      Historic Downtown Montrose, Creative Office Space
      202 Main St, Montrose, CO 81401
      View Details
    • $4,500 /Mo

      Prime Retail/Office Space on Main

      Commercial storefront with high visibility and ample parking available for lease.
      202 E Main St, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Versatile Retail/Office Space Available

      Functional suite in growing community hub, ideal for various businesses.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Retail/Office Space For Rent

      Versatile suite suitable for retail, service, or office use.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $375 /Mo
      87 SF

      Furnished Office Space Available

      Move-in ready office space with high visibility and included utilities.
      1832 S Townsend Ave, Montrose, CO 81401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Bostwick Park Rd
    Montrose, CO 81401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.