Property profile

16400 Townsend Ave Montrose, CO 81401

OFF-MARKET
Grocery and convenience stores
Saved · see the list in your Dashboard
Property ID
US13-2090450
68,768 SF 7.73 ac Built 1996
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a retail development pad located within Kroger’s parking lot and is configured as part of a joint development context involving Southeastern and Kroger. The pad’s usable area is designed to be tenant-specific, with size varying according to end-user requirements. The site supports potential development structures including built-to-suit configurations and ground lease arrangements, with layout and final configuration determined based on tenant needs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$188k
Tax billed · 2023
Assessed value$2.84M
Assessed land$427k
Assessed improvement$2.42M
Effective rate6.61%

Value estimate

· Nov 2026
$10.69M
$9.62M – $11.76M
Submarket $/SF estimate$12.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$93 – $188

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.7
Wholesale Shop10.6
Storage Facility10.6

Location

16400 Townsend Ave Montrose, CO 81401-5404
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Apollo, Montrose, CO 81401-4857 $625,000 Feb 2026 18,280 SF
2180 Main, Montrose, CO 81401-3834 $1,250,000 May 2024 9,000 SF
1445 Hawk, Montrose, CO 81401-6463 $1,900,000 Jan 2024 10,115 SF
1521 Ogden, Montrose, CO 81401-5696 $540,000 Oct 2023 6,306 SF
311 4th, Montrose, CO 81401-3513 $250,000 Oct 2023 8,880 SF
309 Main, Montrose, CO 81401-3927 $715,000 Jul 2023 6,204 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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