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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Auto shops
2940 Townsend Ave Montrose, CO 81401-5980
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2329410
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
WOOD
Total area
7,200 SF
Lot
3.43 ac (149,367 SF)
APN
3767-171-03-001
UPID
US13-2329410
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Drive America Training Center Tutoring Service
-
Telluride Express Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$2.10M
Owner & transaction history
Dcf Townsend LLC · 2 yrs held
Dcf Townsend LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+28.6%
Commercial (general)
$1.3M
+21.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,360,000
Change: +29% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,285,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Jan 10 2024)
Last sale anchor
$2.10M
Jan 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$292 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,096
Tax year 2023
Assessed value
$326,950
Assessed 2023
Previous assessed
$326,950
+0.0% YoY
Effective rate
6.45%
On assessed value
Assessed land
$95,360
Assessed improvement
$231,590
Land market value
$328,830
Improvement market value
$798,600
Total market value
$1,127,430
Applied tax rate
1,140.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Units
2
Total area
7,200 SF
Lot
3.43 ac (149,367 SF)
APN
3767-171-03-001
UPID
US13-2329410
Jurisdiction
MONTROSE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
3.43 ac
Current owner
From public records · entity-resolved
Dcf Townsend LLC
Entity
Mailing address
1960 HWY 6TH AND 50, FRUITA, CO 81521-9106
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
$2,100,000
Dcf Townsend LLC
Co West Transportation LLC
Special Warranty Deed
—
Nov 16, 2018
—
Co West Transporation LLC
—
Deed
related
$1,247,861 · Sue Rovito
Apr 11, 2018
$800,000
Co West Transportation LLC
Northside Flyway LLC
Warranty Deed
$600,000 · Red Falcon LLC
Jun 13, 2011
$700,000
Northside Flyway LLC
Preston Mceachern
Correction Deed
related
—
Jun 13, 2011
—
Preston Mceachern
Suzzane Marie Mceachern
Correction Deed
related
—
Jun 7, 2011
$700,000
Northside Flyway LLC
Preston Mceachern
Warranty Deed
—
Jun 7, 2011
—
Preston Mceachern
Suzanne Marie Mceachern
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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