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    Property profile & analytics

    12581 6450th Rd Montrose, CO 81401-8838

    • Apartment buildings
    • 2,880 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US13-1324568
    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

    • Apartment buildings

    Property Details for 12581 6450th Rd

    Year built
    1972
    Construction
    WOOD
    Lot size
    0.47 lot acres
    Property size
    2,880 SF
    Property type
    Apartment buildings
    APN
    3767-163-18-020
    APU
    376716318020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $375,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $370,000
      Mixed-Use
      $400,000
      Hospitality
      $385,000
      Educational
      $390,000
      Residential Income
      $320,000
      Energy
      $385,000
      Income-Based Land
      $400,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.886
    Latitude
    38.5092
    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
    $1,756
    $5,580
    $24,030
    $29,610
    -
    $82,000
    $353,430
    $435,430

    Comparable in this City

    • Value Estimation by Request
      5,023 SF

      448 Main St

      APARTMENT HOUSE (5+ UNITS) • 5,023 SF
      448 Main St, Montrose, CO 81401-3930
      View Details
    • Value Estimation
      $400,000
      3,773 SF

      603 Barbara Ct

      APARTMENT HOUSE (5+ UNITS) • 3,773 SF
      603 Barbara Ct, Montrose, CO 81401-5041
      View Details
    • Value Estimation
      $270,000
      7,314 SF

      147 Main St

      APARTMENT HOUSE (5+ UNITS) • 7,314 SF
      147 Main St, Montrose, CO 81401-3646
      View Details
    • Value Estimation by Request
      5,600 SF

      347 Main St

      APARTMENT HOUSE (5+ UNITS) • 5,600 SF
      347 Main St, Montrose, CO 81401-3927
      View Details
    • Value Estimation
      $390,000
      5,292 SF

      2366 Robins Way

      APARTMENT HOUSE (5+ UNITS) • 5,292 SF
      2366 Robins Way, Montrose, CO 81401-5412
      View Details
    • Value Estimation by Request
      65,988 SF

      1650 Church St

      APARTMENT HOUSE (5+ UNITS) • 65,988 SF
      1650 Church St, Montrose, CO 81401-6462
      View Details

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    Similar Nearby for Lease

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    • $2,993 /Mo

      Retail/Office Space For Rent

      Versatile suite suitable for retail, service, or office use.
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      View Details
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    12581 6450th Rd
    Montrose, CO 81401-8838
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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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