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    3400 S Rio Grande Ave Montrose, CO 81401
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    Property profile & analytics

    3400 S Rio Grande Ave Montrose, CO 81401


    • Outlet malls
    • 88,125 SF
    • 7.77 lot acres
    Retail Space Near Hobby Lobby For Lease
    $4,515,000
    25,271 SF

    Retail Space Near Hobby Lobby

    25,271 SF retail space available through March 2032.

    3400 S Rio Grande Ave, Montrose, CO 81401
    View Listing
    Property ID
    US13-2101779
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hobby Lobby / (Bike/Boat/Book/etc) Store
    • The SALON by InStyle Inside JCPenney / Hair Salon

    Property Details for 3400 S Rio Grande Ave

    Year built
    2007
    Construction
    CONCRETE
    Lot size
    7.77 lot acres
    Property size
    88,125 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    3993-042-46-001
    APU
    399304246001

    Description

    This exceptional 25,271 square foot retail space is located at 3400 S. Rio Grande Avenue in Montrose, Colorado, zip code 81401. The property is a single-tenant space within a thriving retail center, offering a sublease opportunity extending through March 2032. This represents the last available space in this highly sought-after location. The property benefits from its adjacency to Hobby Lobby and its proximity to other major retailers, including Target, Ross, Marshalls, and Sportsman's Warehouse. This prime location ensures high visibility and significant foot traffic, making it an ideal opportunity for a variety of retail businesses. The property is classified as neighborhood retail within Montrose County. The property's size and location provide a strong foundation for a successful retail operation. This is a unique opportunity to secure a substantial retail presence in a vibrant and growing community. Interested parties should act quickly as this is the last remaining space available in the center. The property is situated at 38.4447726 latitude and -107.8704198 longitude.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,986,000
      Market price range: $3.99M - $12.2M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.87
    Latitude
    38.4449
    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
    $70,068
    $447,270
    $618,480
    $1,065,750
    -
    $1,542,300
    $2,132,700
    $3,675,000
    View Listing
    More about this property
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