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Property profile

3501 Wolverine Dr Montrose, CO 81401

OFF-MARKET
Retail space
Property ID
US13-2267864
4,550 SF 0.89 ac lot Built 2016
Last sale Mar 2017 · $2,535,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial retail/office building is located in the South Townsend Avenue/South Highway 550 corridor within River Landing, in the City of Montrose. It comprises 4,596 square feet on a 0.89-acre lot and is positioned along a roadway with a reported traffic count exceeding 28,000 vehicles per day. The structure was built with high-quality materials and includes a fire suppression system, HVAC, and fiber wiring. Architectural and interior features include large picture windows on three sides,…

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?
$29k
Tax billed · 2023
Assessed value$444k
Assessed land$159k
Assessed improvement$285k
Effective rate6.50%

Value estimate

· Oct 2026
$425k
$383k – $468k
AI approach$425k
Submarket $/SF estimate$855k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$93 – $188

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.8
Convenience Store9.2
Auto Repair Shop8.9

Location

3501 Wolverine Dr Montrose, CO 81401-4902
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
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
1521 Ogden, Montrose, CO 81401-5696 $540,000 Oct 2023 6,306 SF
2770 Alpine, Montrose, CO 81401-5411 $30,032 Aug 2023 5,226 SF
309 Main, Montrose, CO 81401-3927 $715,000 Jul 2023 6,204 SF
219 Main, Montrose, CO 81401-3665 $600,000 May 2022 6,154 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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