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    Property profile & analytics

    701 Townsend Ave Montrose, CO 81401-4330

    • Office buildings
    • 1,350 SF
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Mar 17, 2020
    $178,500
    Location Intelligence
    Property ID
    US13-2125939
    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

    • Major Mortgage / Mortgage Lender
    • Networks Unlimited / Computer Support And Services / Computer Consultant

    Property Details for 701 Townsend Ave

    Year built
    1948
    Construction
    WOOD
    Property size
    1,350 SF
    Property type
    Office buildings
    APN
    3767-342-27-006
    APU
    376734227006

    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
    -107.871
    Latitude
    38.4734
    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
    $3,751
    $9,910
    $56,090
    $66,000
    -
    $34,180
    $193,410
    $227,590

    Comparable in this City

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      OFFICE BUILDING • 429 SF
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    • Value Estimation by Request
      3,075 SF

      1832 Townsend Ave

      OFFICE BUILDING • 3,075 SF
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    • Value Estimation by Request
      993 SF

      242 Main St Ste, Unit 4

      OFFICE BUILDING • 993 SF
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    • 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

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    701 Townsend Ave
    Montrose, CO 81401-4330
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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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