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    Property profile & analytics

    3481 Wolverine Dr Montrose, CO 81401-4914

    • Drive through restaurants
    • 4,369 SF
    • 1.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 01, 2021
    $86,500
    Location Intelligence
    Property ID
    US13-2315313
    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

    • Drive through restaurants

    Property Details for 3481 Wolverine Dr

    Year built
    2020
    Construction
    WOOD
    Lot size
    1.54 lot acres
    Property size
    4,369 SF
    Property type
    Drive through restaurants
    APN
    3993-042-55-001
    APU
    399304255001

    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
    -107.867
    Latitude
    38.4454
    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
    $44,073
    $276,370
    $397,200
    $673,570
    -
    $953,000
    $1,369,660
    $2,322,660

    Comparable in this City

    • Value Estimation
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      3,296 SF

      1451 Odelle Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,296 SF
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    • Value Estimation
      $425,000
      1,768 SF

      1421 Ogden Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,768 SF
      1421 Ogden Rd, Montrose, CO 81401-5692
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    • Value Estimation
      $1,195,000
      2,626 SF

      211 5th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,626 SF
      211 5th St, Montrose, CO 81401-3621
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    • Value Estimation
      $595,000
      1,771 SF

      1510 Oxbow Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,771 SF
      1510 Oxbow Dr, Montrose, CO 81401-4732
      View Details
    • Value Estimation
      $285,000
      1,284 SF

      1001 Townsend Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,284 SF
      1001 Townsend Ave, Montrose, CO 81401-4978
      View Details
    • Value Estimation
      $830,000
      2,595 SF

      2175 Townsend Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,595 SF
      2175 Townsend Ave, Montrose, CO 81401-5442
      View Details

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    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      2.4k
    • Avg Time on site
      43 min
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    3481 Wolverine Dr
    Montrose, CO 81401-4914
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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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