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    Property profile & analytics

    1225 Main St Montrose, CO 81401-5820

    • Hotels
    • 8,246 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Last Sale
    Oct 27, 2021
    Location Intelligence
    Property ID
    US13-1371753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Minecart Motor Lodge / Motel / Hotel

    Property Details for 1225 Main St

    Year built
    1930
    Construction
    WOOD
    Lot size
    0.65 lot acres
    Property size
    8,246 SF
    Property type
    Hotels
    Property subtype
    Motels
    APN
    3767-272-22-008
    APU
    376727222008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.868
    Latitude
    38.4857
    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
    $12,582
    $71,080
    $133,630
    $204,710
    -
    $291,660
    $549,150
    $840,810

    Comparable in this City

    • Value Estimation
      $2,665,000
      18,724 SF

      1702 Main St

      HOTEL/MOTEL • 18,724 SF
      1702 Main St, Montrose, CO 81401-3811
      View Details
    • Value Estimation
      $365,000
      10,722 SF

      1200 Main St

      HOTEL/MOTEL • 10,722 SF
      1200 Main St, Montrose, CO 81401-5821
      View Details
    • Value Estimation by Request
      63,757 SF

      1391 Townsend Ave

      HOTEL/MOTEL • 63,757 SF
      1391 Townsend Ave, Montrose, CO 81401-5007
      View Details
    • Value Estimation
      $390,000
      3,697 SF

      1034 Main St

      HOTEL/MOTEL • 3,697 SF
      1034 Main St, Montrose, CO 81401-4067
      View Details
    • Value Estimation
      $550,000
      10,455 SF

      1624 Main St

      HOTEL/MOTEL • 10,455 SF
      1624 Main St, Montrose, CO 81401-3809
      View Details
    • Value Estimation
      $650,000
      11,877 SF

      1655 Main St

      HOTEL/MOTEL • 11,877 SF
      1655 Main St, Montrose, CO 81401-3808
      View Details

    Similar Nearby for Sale

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      Montrose Motel Investment Opportunity

      Prime location, high-return potential.
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      Historic Building on Main Street

      Charming historic building suitable for retail, office, or studio.
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    • $1,233,000
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      Montrose Development Opportunity: 123 Acres

      123 acres in Montrose, suitable for residential or agricultural development.
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      285-acre working cattle ranch with highway frontage and development opportunities.
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    Similar Nearby for Lease

    • $2,993 /Mo
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      Montrose Retail Showroom Space

      Adaptable retail space in a dynamic mixed-use development.
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      Montrose Commercial Space For Rent

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    • $2,993 /Mo
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      Montrose Commercial Space For Rent

      Adaptable suites suitable for retail, creative workspace, or food concepts.
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    • $2,888 /Mo
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      Retail/Office Space in Montrose, CO

      Versatile suite suitable for retail, service businesses, or professional office.
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    • $2,993 /Mo

      Versatile Retail/Office Space Available

      Functional suite in growing community hub, ideal for various businesses.
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    • $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
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    1225 Main St
    Montrose, CO 81401-5820
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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.

    More about this property
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