Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    400 Shana Ln Montrose, CO 81403

    • Theaters & concert halls
    • 2,869 SF
    • 76.35 lot acres
    OFF-MARKET
    Value Estimation
    $555,000
    Location Intelligence
    Property ID
    US13-1395202
    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

    • Theaters & concert halls

    Property Details for 400 Shana Ln

    Year built
    2021
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    76.35 lot acres
    Property size
    2,869 SF
    Property type
    Theaters & concert halls
    APN
    3767-331-00-902
    APU
    376733100902

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $690,000
      7%
      $790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $630,000
      Geo Method
      $770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $630,000
      Retail
      $715,000
      Mixed-Use
      $685,000
      Hospitality
      $755,000
      Educational
      $775,000
      Residential Income
      $780,000
      Energy
      $785,000
      Income-Based Land
      $755,000
      Food Service
      $745,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.882
    Latitude
    38.4672
    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
    $46,854
    $109,620
    $571,280
    $680,900
    -
    $378,000
    $1,969,930
    $2,347,930

    Comparable in this City

    • Value Estimation by Request
      12.51 Acres

      Montrose, CO 81403

      RECREATIONAL, ENTERTAINMENT • 12.51 Acres
      Montrose, CO 81403
      View Details
    • Value Estimation
      $530,000
      10,476 SF

      70 Gold Dust Ln

      RECREATIONAL, ENTERTAINMENT • 10,476 SF
      70 Gold Dust Ln, Montrose, CO 81403-6816
      View Details
    • Value Estimation
      $1,040,000
      3,960 SF

      18265 Hwy 550

      RECREATIONAL, ENTERTAINMENT • 3,960 SF
      18265 Hwy 550, Montrose, CO 81403-8608
      View Details
    • Value Estimation
      $385,000
      78.89 Acres

      Montrose, CO 81403

      RECREATIONAL, ENTERTAINMENT • 78.89 Acres
      Montrose, CO 81403
      View Details
    • Value Estimation
      $705,000
      6,528 SF

      70777 Buckhorn Rd

      RECREATIONAL, ENTERTAINMENT • 6,528 SF
      70777 Buckhorn Rd, Montrose, CO 81403-8706
      View Details
    • Value Estimation by Request
      2.68 Acres

      Montrose, CO 81403

      RECREATIONAL, ENTERTAINMENT • 2.68 Acres
      Montrose, CO 81403
      View Details

    Similar Nearby for Sale

    • $249,000

      Land with Mountain Views and Access

      4.57-acre lot bordering BLM land near Montrose, Colorado.
      2 6300 Rd, Montrose, CO 81403
      View Details
    • $4,200,000

      72 Acres River Development Land

      Prime investment opportunity near Colorado Outdoors in Montrose, Colorado.
      Spring Creek Rd, Montrose, CO 81403
      View Details
    • $205,000
      1.57 Acres

      Montrose Residential Estate Lot

      Residential lot in Quail Creek Ranch with irrigation water.
      2 Nectar Ct, Montrose, CO 81403
      View Details
    • $449,000
      1.76 Acres

      High-Visibility Commercial Lot on Highway

      1.76-acre commercial lot with highway frontage near Montrose, Colorado.
      68671 Vernal Rd, Montrose, CO 81403
      View Details
    • $325,000
      4.00 Acres

      4-Acre Homesite with Mountain Views

      4-acre Montrose homesite with infrastructure and mountain views.
      Tbd Buckhorn Rd, Montrose, CO 81403
      View Details
    • New
      $255,000
      4.13 Acres

      Montrose Residential Land Opportunity

      Spacious Montrose land lot with mountain views and utilities.
      6 County Road 22, Montrose, CO 81403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Shana Ln
    Montrose, CO 81403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.