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    1541 Oxbow Dr Montrose, CO 81403

    • Super regional malls
    • 20,929 SF
    • 5,398.00 lot acres
    For Sale
    View listing
    $425,000
    Value Estimation
    Last Sale
    Aug 31, 2022
    $10,479,000
    Location Intelligence
    Property ID
    US13-1964353
    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

    • Farmers Insurance - Jeremy Gay / Life Insurance Agency / Motorcycle Insurance Agency
    • New Life Chiropractic / Chiropractor
    • Colorado Division of Water Resources / State Government Office
    • Cleopatra's Gallery / Art Gallery / Permanent Make-Up Clinic
    • Dr. Jacob Sims / Chiropractor

    Property Details for 1541 Oxbow Dr

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    5,398.00 lot acres
    Property size
    20,929 SF
    Property type
    Super regional malls
    APN
    3993-043-04-002
    APU
    399304304002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,940,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,545,000
      6.5%
      $10,215,000
      7%
      $9,570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,395,000
      Geo Method
      $11,195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,265,000
      Retail
      $9,940,000
      Mixed-Use
      $10,300,000
      Hospitality
      $11,960,000
      Educational
      $10,765,000
      Residential Income
      $9,025,000
      Energy
      $11,990,000
      Income-Based Land
      $12,370,000
      Food Service
      $11,880,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.865
    Latitude
    38.4476
    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
    $42,369
    $258,830
    $481,110
    $739,940
    -
    $892,500
    $1,659,000
    $2,551,500

    Comparable in this City

    • Value Estimation
      $11,295,000
      25,133 SF

      1521 Oxbow Dr

      REGIONAL SHOPPING CENTER, MALL • 25,133 SF
      1521 Oxbow Dr, Montrose, CO 81401-4779
      View Details
    • Value Estimation
      $620,000
      8,552 SF

      3480 Wolverine Dr

      REGIONAL SHOPPING CENTER, MALL • 8,552 SF
      3480 Wolverine Dr, Montrose, CO 81401-4965
      View Details
    • Value Estimation
      $10,860,000
      9,875 SF

      1601 Oxbow Dr, Unit 300

      REGIONAL SHOPPING CENTER, MALL • 9,875 SF
      1601 Oxbow Dr, Montrose, CO 81401-4781
      View Details
    • Value Estimation
      $11,065,000
      28,816 SF

      1601 Oxbow Dr, Unit 320

      REGIONAL SHOPPING CENTER, MALL • 28,816 SF
      1601 Oxbow Dr, Montrose, CO 81401-4781
      View Details
    • Value Estimation
      $535,000
      10,310 SF

      1009 Main St

      SHOPPING CENTER, STRIP CENTER • 10,310 SF
      1009 Main St, Montrose, CO 81401-4041
      View Details
    • Value Estimation
      $1,280,000
      88,125 SF

      3400 Rio Grande Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 88,125 SF
      3400 Rio Grande Ave, Montrose, CO 81401-4834
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Montrose Retail Space - Prime Location

      Large retail space, sublease opportunity.
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      View Details
    • Contact for pricing
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      Oxbow Crossing Retail Center

      Montrose Retail Space Available: 1,414 - 4,097 SF
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      View Details
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      Montrose Commercial Space For Rent

      Adaptable suites suitable for retail, creative workspace, or food concept.
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      Montrose Commercial Space For Rent

      Adaptable suites suitable for retail, creative workspace, or food concepts.
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      Versatile suite suitable for retail, service businesses, or professional office.
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      View Details
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      15,555 SF

      Montrose Retail Showroom Space

      Adaptable retail space in a dynamic mixed-use development.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
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    Montrose, CO 81403
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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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