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Property profile & analytics
OFF-MARKET
Medical Office Space
101 Mesa Ave Montrose, CO 81401-3943
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US13-1382585
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1977
Construction
WOOD
Total area
1,535 SF
Lot
0.07 ac (3,147 SF)
APN
3767-273-11-013
UPID
US13-1382585
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Silver Leaf Dental Dental Office
-
Jessop Timothy R DDS Dental Office
-
Rivard Claudia DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tm Mesa Properties LLC · 3 yrs held
Tm Mesa Properties LLC
since 2023
Last sale
$320,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,949
Tax year 2023
Assessed value
$42,280
Assessed 2023
Previous assessed
$42,280
+0.0% YoY
Effective rate
4.61%
On assessed value
Assessed land
$4,230
Assessed improvement
$38,050
Land market value
$28,880
Improvement market value
$258,760
Total market value
$287,640
Applied tax rate
1,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
BASEBOARD
Cooling
EVAPORATIVE
Buildings
4
Stories
1
Units
1
Bathrooms
0
Total area
1,535 SF
Lot
0.07 ac (3,147 SF)
APN
3767-273-11-013
UPID
US13-1382585
Jurisdiction
MONTROSE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
0
Lot
0.07 ac
Current owner
From public records · entity-resolved
Tm Mesa Properties LLC
Entity
Mailing address
3317 WHEAT GRASS DR, MONTROSE, CO 81401-8499
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2023
$320,000
Tm Mesa Properties LLC
South Mountain Investments LLC
Warranty Deed
$453,750 · Wells Fargo Bank NA
Jan 5, 2018
—
South Mountain Investments LLC
—
Deed
related
$100,000 · Alpine Bank
May 17, 2016
—
South Mountain Investments LLC
—
Deed
related
$195,000 · Alpine Bank
Sep 18, 2013
—
South Mountain Investments LLC
Shawna Kane
Quit Claim Deed
related
—
Jan 15, 2013
$130,000
Shawna Kane
James F Means
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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