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    Property profile & analytics

    490 Sherman St Ridgway, CO 81432-9429

    • Retail space
    • 9,749 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Location Intelligence
    Property ID
    US13-1367144
    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

    • Primo Water Refill / Bottled Water Supplier
    • The Market At Ridgway / Grocery Store / Supermarket

    Property Details for 490 Sherman St

    Year built
    1989
    Lot size
    0.65 lot acres
    Property size
    9,749 SF
    Property type
    Retail space
    APN
    430516307003
    APU
    430516307003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ridgway
    County
    Ouray
    State
    Colorado
    Longitude
    -107.756
    Latitude
    38.1511
    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
    $29,760
    $178,680
    $291,160
    $469,840
    -
    $640,420
    $1,043,570
    $1,683,990

    Comparable in this City

    • Value Estimation by Request
      1,650 SF

      294 Lena St

      RETAIL STORES (PERSONAL SERVICES) • 1,650 SF
      294 Lena St, Ridgway, CO 81432-9364
      View Details
    • Value Estimation
      $795,000
      3,187 SF

      521 Clinton St

      RETAIL STORES (PERSONAL SERVICES) • 3,187 SF
      521 Clinton St, Ridgway, CO 81432-5004
      View Details
    • Value Estimation
      $300,000
      1,835 SF

      171 Cora St

      RETAIL STORES (PERSONAL SERVICES) • 1,835 SF
      171 Cora St, Ridgway, CO 81432
      View Details
    • Value Estimation
      $440,000
      4,370 SF

      153 Hwy 550

      RETAIL STORES (PERSONAL SERVICES) • 4,370 SF
      153 Hwy 550, Ridgway, CO 81432-9371
      View Details
    • Value Estimation
      $420,000
      2,400 SF

      570 Palomino Trl

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      570 Palomino Trl, Ridgway, CO 81432-9246
      View Details
    • Value Estimation by Request
      3,136 SF

      257 Sherman St

      RETAIL STORES (PERSONAL SERVICES) • 3,136 SF
      257 Sherman St, Ridgway, CO 81432-8722
      View Details

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    Ridgway, CO 81432-9429
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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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