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    Property profile & analytics

    2731 Commercial Way, Unit B Montrose, CO 81401-5700

    • Office Properties & Spaces
    • 944 SF
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US13-0540897
    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

    • Colorado Hearing / Hearing Aid Store
    • The Staffing Group / Human Resources / Employment Agency
    • Hatch Dental Lab / Dental Laboratory
    • Brian Bennett / Audiologist

    Property Details for 2731 Commercial Way

    Year built
    2004
    Construction
    WOOD
    Property size
    944 SF
    Property type
    Office Properties & Spaces
    APN
    3993-042-61-002
    APU
    399304261002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $225,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $245,000
      Mixed-Use
      $245,000
      Hospitality
      $285,000
      Educational
      $245,000
      Residential Income
      $225,000
      Energy
      $245,000
      Income-Based Land
      $210,000
      Food Service
      $285,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.868
    Latitude
    38.4556
    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
    $2,490
    $0.00
    $46,260
    $46,260
    -
    $0.00
    $159,530
    $159,530

    Comparable in this City

    • Value Estimation
      $310,000
      944 SF

      2731 Commercial Way, Unit A

      CONDOMINIUM OFFICES • 944 SF
      2731 Commercial Way, Montrose, CO 81401-5700
      View Details
    • Value Estimation
      $370,000
      768 SF

      1127 Main St

      OFFICE (GENERAL) • 768 SF
      1127 Main St, Montrose, CO 81401-4043
      View Details
    • Value Estimation by Request
      1,900 SF

      12 Cascade Ave

      Coworking space • 1,900 SF
      12 Cascade Ave, Montrose, CO 81401
      View Details
    • Value Estimation by Request
      6,107 SF

      18 Uncompahgre Ave

      Medical offices • 6,107 SF
      18 Uncompahgre Ave, Montrose, CO 81401
      View Details
    • Value Estimation
      $480,000
      2,152 SF

      1435 Hawk Pkwy

      CONDOMINIUM OFFICES • 2,152 SF
      1435 Hawk Pkwy, Montrose, CO 81401-6440
      View Details
    • Value Estimation by Request
      1,587 SF

      447 Main St

      Restaurants • 1,587 SF
      447 Main St, Montrose, CO 81401
      View Details

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    Similar Nearby for Lease

    • $2,993 /Mo
      15,555 SF

      Montrose Commercial Space For Rent

      Adaptable suites suitable for retail, creative workspace, or food concepts.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,888 /Mo
      15,555 SF

      Retail/Office Space in Montrose, CO

      Versatile suite suitable for retail, service businesses, or professional office.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Versatile Retail/Office Space Available

      Functional suite in growing community hub, ideal for various businesses.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Retail/Office Space For Rent

      Versatile suite suitable for retail, service, or office use.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $375 /Mo
      87 SF

      Furnished Office Space Available

      Move-in ready office space with high visibility and included utilities.
      1832 S Townsend Ave, Montrose, CO 81401
      View Details
    • $19 SF/Yr
      997 SF

      South Townsend Office Condo

      997 sq ft Creative Office Space
      1414 Hawk Pkwy, Montrose, CO 81401
      View Details
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    2731 Commercial Way, Unit B
    Montrose, CO 81401-5700
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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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