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    Property profile & analytics

    324 Main St Montrose, CO 81401-3928

    • Retail space
    • 3,125 SF
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Jan 18, 2024
    Location Intelligence
    Property ID
    US13-1844279
    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

    • MAUVE / Women'S Clothing Store
    • Curiouser Books Montrose / Book Store

    Property Details for 324 Main St

    Year built
    1902
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    3,125 SF
    Property type
    Retail space
    APN
    3767-284-06-005
    APU
    376728406005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.877
    Latitude
    38.4789
    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
    $3,983
    $10,230
    $59,320
    $69,550
    -
    $35,280
    $204,550
    $239,830

    Comparable in this City

    • Value Estimation
      $125,000
      1,155 SF

      20 Townsend Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,155 SF
      20 Townsend Ave, Montrose, CO 81401-3952
      View Details
    • Value Estimation by Request
      3,800 SF

      109 Townsend Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,800 SF
      109 Townsend Ave, Montrose, CO 81401-3759
      View Details
    • Value Estimation
      $355,000
      2,300 SF

      429 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,300 SF
      429 Main St, Montrose, CO 81401-3929
      View Details
    • Value Estimation
      $510,000
      2,053 SF

      1246 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,053 SF
      1246 Main St, Montrose, CO 81401-5821
      View Details
    • Value Estimation
      $240,000
      2,136 SF

      327 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,136 SF
      327 Main St, Montrose, CO 81401-3927
      View Details
    • Value Estimation
      $445,000
      5,828 SF

      428 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,828 SF
      428 Main St, Montrose, CO 81401-3930
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail/Office Space in Montrose, CO

      Versatile suite suitable for retail, service businesses, or professional office.
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      Montrose Retail Showroom Space

      Adaptable retail space in a dynamic mixed-use development.
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    • $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
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    324 Main St
    Montrose, CO 81401-3928
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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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