Property profile

306 2nd St Montrose, CO 81401

OFF-MARKET
Commercial real estate
Property ID
US13-2058434
2,112 SF Built 1940
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,112 SF
APN 3767-284-08-004
UPID US13-2058434

Cap rate & NOI

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

Location

306 2nd St Montrose, CO 81401-3719
Montrose metro Census 966302 MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2023
Last sale
$470,000
3 recorded transactions
2023
$470,000
2023
Price N/A
2023
$480,000

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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