Property profile

555 Spg Crk Rd Montrose, CO 81403

OFF-MARKET
Retail space
Property ID
US13-1265566
1,836 SF 0.48 ac lot Built 1988
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,836 square foot retail property located at 555 Spring Creek Road, Montrose, CO, presents a compelling investment opportunity. Situated on a 0.48-acre lot, the building boasts a contemporary design with a modern, neutral color scheme, updated finishes, and abundant natural light. The interior features a flexible, open layout currently occupied by a long-term tenant who desires to continue their lease, ensuring immediate and consistent rental income for the new owner. The property's strategic location offers excellent accessibility and visibility, making it attractive to both employees and clients. This turnkey operation requires minimal effort from the investor, providing a hassle-free path to a strong return on investment. The asking price is $415,000. The existing tenant's commitment to the lease provides immediate cash flow, minimizing vacancy risk and maximizing the potential for long-term financial growth. This property is an ideal acquisition for investors seeking a stable, income-generating asset in a desirable Montrose location. The adaptable space allows for a variety of commercial uses, providing future flexibility for the property's operation.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction WOOD
Total area 1,836 SF
Lot 0.48 ac (20,909 SF)
APN 3767-283-00-038
UPID US13-1265566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Location

555 Spg Crk Rd Montrose, CO 81403-3325
Montrose metro Census 966601 MONTROSE, CO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2025
Last sale
$397,975
3 recorded transactions
2025
$397,975
2017
$180,000
2013
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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