Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Industrial properties
933 Main St Montrose, CO 81401-3939
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US13-1334009
Property profile
Verified
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Year built
1938
Construction
WOOD
Total area
3,792 SF
Lot
0.84 ac (36,781 SF)
APN
3767-272-25-014
UPID
US13-1334009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Koons Kustoms - Land/Sea/Sky Upholstery Auto Repair Shop
-
Mountain Trail Motors Car Dealership
-
San Juan Shine Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Mountain Trail Motors LLC · 1 yrs held
Mountain Trail Motors LLC
since 2025
Last sale
$535,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montrose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montrose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$490,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$840,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$550,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$460,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$385,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$375,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $535k (Apr 24 2025)
Last sale anchor
$535k
Apr 24 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,702
Tax year 2023
Assessed value
$126,350
Assessed 2023
Previous assessed
$126,350
+0.0% YoY
Effective rate
6.10%
On assessed value
Assessed land
$110,610
Assessed improvement
$15,740
Land market value
$381,420
Improvement market value
$54,260
Total market value
$435,680
Applied tax rate
1,005.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
LUMBERYARD, BUILDING MATERIALS
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
SPACE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Total area
3,792 SF
Lot
0.84 ac (36,781 SF)
APN
3767-272-25-014
UPID
US13-1334009
Jurisdiction
MONTROSE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$840,000
MEDICAL BUILDING
Est. value
$550,000
COMMERCIAL (GENERAL)
Est. value
$460,000
RETAIL STORES
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$375,000
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1938
Construction
WOOD
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Mountain Trail Motors LLC
Entity
Mailing address
620 S 1ST ST, MONTROSE, CO 81401-3913
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2025
$535,000
Mountain Trail Motors LLC
Tri Taco Incorporated
Special Warranty Deed
$535,000 · Alpine Bank
Apr 25, 2022
—
Tri Taco 9incorporated
Michelle R Rothe
Intrafamily Transfer
related
—
Aug 19, 2021
—
Tri Taco Incorporated
Michelle R Rothe
Intrafamily Transfer
related
—
Jan 15, 2016
—
Patricia A Rothe Trust
Patricia A Rothie
Intrafamily Transfer
related
—
Jun 26, 2006
$520,000
Patricia Rothe
H L Mills
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 933 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
