Financial
Distress signals
Property profile

203 Main St Montrose, CO 81401

OFF-MARKET
Other commercial real estate
Property ID
US13-1923818
3,000 SF Built 1982
Last sale Dec 2025 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a multi-use building situated on a corner lot with ample parking, comprising 1,262 sq ft of office space and a 1,470 sq ft heated warehouse. The office area includes two private offices, an ADA-compliant half bath, and two lock-down storage rooms, with an open, unfinished mezzanine above for storage that is accessed by a stairway. The warehouse has two 12-foot overhead electric roll-up doors and a passage door leading to a gated, fenced concrete yard. The yard provides 700 sq ft

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$89k
Assessed land$15k
Assessed improvement$74k
Effective rate5.91%

Value estimate

· Sep 2026
$290k
$261k – $319k
Submarket $/SF estimate$540k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$178/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$87 – $227
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.7
Laundry Service9.6
Locksmith9.1

Location

203 Main St Montrose, CO 81401-3314
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
445 Kristen, Montrose, CO 81401-8110 $695,000 Feb 2026 3,327 SF
204 Ws 1st, Montrose, CO 81401-3303 $305,000 Mar 2024 3,520 SF
207 4th St, Montrose, CO 81401-3644 $425,000 Dec 2022 2,562 SF
1135 Main, Montrose, CO 81401-4043 $410,000 Mar 2022 3,276 SF
1831 Launa, Montrose, CO 81401-5961 $250,000 Feb 2022 2,660 SF
2400 Main St Ste, Montrose, CO 81401-3805 $166,000 Feb 2021 2,940 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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