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    Property profile & analytics

    40 Washington St Monte Vista, CO 81144-1407

    • Office buildings
    • 1,450 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 11, 2020
    Location Intelligence
    Property ID
    US13-1974819
    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

    • The Law Office of Mark Loy, LLC / Attorney
    • Southwest Title Co / Title Company

    Property Details for 40 Washington St

    Year built
    1974
    Construction
    FRAME
    Lot size
    0.04 lot acres
    Property size
    1,450 SF
    Property type
    Office buildings
    APN
    3531308021
    APU
    3531308021

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monte Vista
    County
    Rio Grande
    State
    Colorado
    Longitude
    -106.148
    Latitude
    37.5809

    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
    $827
    $2,354
    $8,096
    $10,450
    -
    $8,438
    $29,019
    $37,457

    Comparable in this City

    • Value Estimation
      $115,000
      1,042 SF

      296 Tyndal St

      OFFICE BUILDING • 1,042 SF
      296 Tyndal St, Monte Vista, CO 81144-1341
      View Details
    • Value Estimation
      $205,000
      2,898 SF

      2487 County Rd 3rd N

      OFFICE BUILDING • 2,898 SF
      2487 County Rd 3rd N, Monte Vista, CO 81144
      View Details
    • Value Estimation
      $470,000
      19,402 SF

      15 Washington St

      OFFICE BUILDING • 19,402 SF
      15 Washington St, Monte Vista, CO 81144-1406
      View Details
    • Value Estimation
      $385,000
      1,800 SF

      147 Washington St

      OFFICE BUILDING • 1,800 SF
      147 Washington St, Monte Vista, CO 81144-1408
      View Details
    • Value Estimation
      $85,000
      2,625 SF

      809 1st Ave

      OFFICE BUILDING • 2,625 SF
      809 1st Ave, Monte Vista, CO 81144-1403
      View Details
    • Value Estimation by Request
      8,475 SF

      229 Adams St

      OFFICE BUILDING • 8,475 SF
      229 Adams St, Monte Vista, CO 81144-1423
      View Details

    Similar Nearby for Sale

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      800 SF

      Historic Office Building on Highway

      Historic office building on Highway 160 in Monte Vista.
      810 1St Ave, Monte Vista, CO 81144
      View Details
    • Contact for pricing
      3.00 Acres

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      Three-acre parcel with highway access and mountain views near Monte Vista.
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    • $675,000
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    • $348,500
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      157 acres featuring Rock Creek, bordering BLM land.
      County Road 28, Monte Vista, CO 81144
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    • $74,900
      36.03 Acres

      36 Acres Near Monte Vista

      36-acre parcel near Monte Vista, Colorado, with mountain views.
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    • $225,000
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      Monte Vista Restaurant Opportunity

      Commercial property with restaurant equipment included in sale.
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      View Details
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    Monte Vista, CO 81144-1407
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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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