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    Property profile & analytics

    1515 Venture Way Montrose, CO 81401-5486

    • Turn key restaurants
    • 4,509 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimation
    $2,100,000
    Last Sale
    Nov 03, 2021
    $1,700,000
    Location Intelligence
    Property ID
    US13-2107442
    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

    • Denny's / American Restaurant / Breakfast Restaurant
    • The Burger Den / Delivery Restaurant
    • The Meltdown / Restaurant

    Property Details for 1515 Venture Way

    Year built
    2000
    Construction
    WOOD
    Lot size
    0.96 lot acres
    Property size
    4,509 SF
    Property type
    Turn key restaurants
    APN
    3993-042-25-001
    APU
    399304225001

    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
    -107.865
    Latitude
    38.456
    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
    $34,653
    $151,290
    $380,190
    $531,480
    -
    $521,680
    $1,310,990
    $1,832,670

    Comparable in this City

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      $325,000
      9,612 SF

      1706 Main St

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    • Value Estimation
      $565,000
      5,543 SF

      1515 Ogden Rd

      RESTAURANT • 5,543 SF
      1515 Ogden Rd, Montrose, CO 81401-5683
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    • Value Estimation
      $205,000
      3,000 SF

      322 Townsend Ave

      RESTAURANT • 3,000 SF
      322 Townsend Ave, Montrose, CO 81401-3554
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    • Value Estimation
      $11,130,000
      5,514 SF

      3410 Williams Dr Ste, Unit 400

      RESTAURANT • 5,514 SF
      3410 Williams Dr Ste, Montrose, CO 81401-6474
      View Details
    • Value Estimation
      $580,000
      4,899 SF

      1415 Hawk Pkwy

      RESTAURANT • 4,899 SF
      1415 Hawk Pkwy, Montrose, CO 81401-6440
      View Details
    • Value Estimation
      $280,000
      3,284 SF

      647 Main St

      RESTAURANT • 3,284 SF
      647 Main St, Montrose, CO 81401-3933
      View Details

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    Similar Nearby for Lease

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      Retail/Office Space in Montrose, CO

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      Versatile Retail/Office Space Available

      Functional suite in growing community hub, ideal for various businesses.
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    Montrose, CO 81401-5486
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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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