Property profile

2620 Woodgate Rd 101 Montrose, CO 81401

OFF-MARKET
Retail space
Property ID
US13-1822445
6,522 SF 1 ac lot Built 2004
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction STEEL FRAME
Total area 6,522 SF
Lot 1 ac (43,519 SF)
APN 3993-042-34-003
UPID US13-1822445

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store

Location

2620 Woodgate Rd, Unit 101 Montrose, CO 81401-5736
Montrose metro Census 966501 MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$520k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2022
$2.2M

Zoning & alternative use

Top alternative use upside
Office building $1.2M +35.7%
Commercial (general) $1.2M +28.3%
Auto repair, garage $955,000 +5.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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