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Property profile

340 Townsend Ave Montrose, CO 81401

OFF-MARKET
Banks
Property ID
US13-1400623
2,700 SF 0.36 ac lot Built 1979
Last sale May 2020 · $975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,700 square foot office building presents a unique investment opportunity in the thriving city of Montrose, Colorado. Situated on a 0.36-acre lot with prominent frontage on South Townsend Avenue, this property boasts excellent visibility and high traffic counts, ensuring maximum exposure for your business or investment portfolio. Completely remodeled from the studs in 2015 and fully finished in 2017, the building is in turnkey condition, requiring no immediate capital…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$156k
Assessed land$14k
Assessed improvement$142k
Effective rate8.04%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMONTROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.2
Locksmith9.0
Laundry Service8.5

Location

340 Townsend Ave Montrose, CO 81401-4253
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
419 1st, Montrose, CO 81401-3703 $500,000 Feb 2025 2,200 SF
33 Cascade, Montrose, CO 81401-3920 $460,000 Aug 2024 2,645 SF
113 Main, Montrose, CO 81401-3463 $537,000 May 2024 2,800 SF
431 Main, Montrose, CO 81401-3929 $265,000 Apr 2024 3,450 SF
300 Main, Montrose, CO 81401-3928 $575,000 Feb 2024 3,052 SF
308 Main, Montrose, CO 81401-3928 $300,000 Feb 2023 2,817 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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