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

    620 1st St Montrose, CO 81401-3913

    • Office buildings
    • 804 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 25, 2022
    Location Intelligence
    Property ID
    US13-1430561
    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

    • Office buildings

    Property Details for 620 1st St

    Year built
    1965
    Construction
    WOOD
    Lot size
    0.11 lot acres
    Property size
    804 SF
    Property type
    Office buildings
    APN
    3767-273-25-004
    APU
    376727325004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.873
    Latitude
    38.4803
    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
    $1,403
    $10,750
    $19,380
    $30,130
    -
    $37,070
    $66,830
    $103,900

    Comparable in this City

    • Value Estimation by Request
      340 SF

      1404 Hawk Pkwy, Unit 206

      OFFICE BUILDING • 340 SF
      1404 Hawk Pkwy, Montrose, CO 81401-6472
      View Details
    • Value Estimation by Request
      429 SF

      1404 Hawk Pkwy, Unit 217

      OFFICE BUILDING • 429 SF
      1404 Hawk Pkwy, Montrose, CO 81401-6470
      View Details
    • Value Estimation by Request
      3,075 SF

      1832 Townsend Ave

      OFFICE BUILDING • 3,075 SF
      1832 Townsend Ave, Montrose, CO 81401-5470
      View Details
    • Value Estimation by Request
      993 SF

      242 Main St Ste, Unit 4

      OFFICE BUILDING • 993 SF
      242 Main St Ste, Montrose, CO 81401-3349
      View Details
    • Value Estimation
      $270,000
      1,979 SF

      1414 Hawk Pkwyh

      OFFICE BUILDING • 1,979 SF
      1414 Hawk Pkwyh, Montrose, CO 81401-6461
      View Details
    • Value Estimation
      $450,000
      4,134 SF

      1550 Niagara Rd, Unit B

      OFFICE BUILDING • 4,134 SF
      1550 Niagara Rd, Montrose, CO 81401-5027
      View Details

    Similar Nearby for Sale

    • $474,888
      4,396 SF

      Montrose Commercial Building For Sale

      Commercial building in Montrose's Historic Downtown with versatile potential.
      25 S Selig Ave, Montrose, CO 81401
      View Details
    • $419,888
      2,969 SF

      Corner Lot Commercial Building

      Versatile commercial building on a high-traffic corner lot.
      1245 E Main St, Montrose, CO 81401
      View Details
    • $1,050,000
      2,700 SF

      Renovated Office Building in Montrose

      Recently renovated office building with high visibility and traffic.
      340 S Townsend Ave, Montrose, CO 81401
      View Details
    • $1,700,000
      9,333 SF

      Montrose Commercial Building For Sale

      9,333 sq ft commercial building in Montrose, Colorado.
      3684 N Townsend Ave, Montrose, CO 81401
      View Details
    • $1,050,000
      2,700 SF

      Renovated Office Building For Sale

      Recently renovated office building with high visibility and traffic.
      340 S 4Th St, Montrose, CO 81401
      View Details
    • $889,000
      7,416 SF

      Historic Building on Main Street

      Charming historic building suitable for retail, office, or studio.
      38 W Main St, Montrose, CO 81401
      View Details

    Similar Nearby for Lease

    • $2,993 /Mo
      15,555 SF

      Montrose Commercial Space For Rent

      Adaptable suites suitable for retail, creative workspace, or food concepts.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,888 /Mo
      15,555 SF

      Retail/Office Space in Montrose, CO

      Versatile suite suitable for retail, service businesses, or professional office.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Versatile Retail/Office Space Available

      Functional suite in growing community hub, ideal for various businesses.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $2,993 /Mo

      Retail/Office Space For Rent

      Versatile suite suitable for retail, service, or office use.
      1021 Mayfly Dr, Montrose, CO 81401
      View Details
    • $375 /Mo
      87 SF

      Furnished Office Space Available

      Move-in ready office space with high visibility and included utilities.
      1832 S Townsend Ave, Montrose, CO 81401
      View Details
    • $2,888 /Mo
      15,555 SF

      Montrose Commercial Space For Rent

      Versatile suite ideal for retail, service, or office use.
      1021 Mayfly Dr, Montrose, CO 81401
      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.
    620 1st St
    Montrose, CO 81401-3913
    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.