1480 Townsend Ave Montrose, CO 81401-5010
- Hotels
- 12,005 SF
- 1.19 lot acres
Current Use by Public Records
- 1st Interstate Inn Montrose / Motel
Property Details for 1480 Townsend Ave
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.19 lot acres
- Property size
- 12,005 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 3767-341-36-001
- APU
- 376734136001
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $905,000
- 6.5%
- $820,000
- 7%
- $885,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $905,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $900,000
- Retail
- $840,000
- Mixed-Use
- $870,000
- Hospitality
- $845,000
- Educational
- $735,000
- Residential Income
- $710,000
- Energy
- $845,000
- Income-Based Land
- $725,000
- Food Service
- $875,000
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.867
- Latitude
- 38.4676
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA