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Montrose Market Update Q1 2022

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There is great medical commercial real estate activity happening around the Montrose area.

Montrose Memorial Hospital has a property under contact to expand, and another medical group is also looking to expand in Colorado Outdoors development.

In addition, two car washers are looking to expand in Montrose, and Jimmer’s BBQ sold both real estate and business.

2021 Q12022 Q1%+-
VELOCITY (Source – MLS)
Commercial Sales Volume$7,002,020$11,705,50040.18%
Commercial Transactions10533.3%
SALES TAX INDICATORS 
(Source – City of Montrose – Jan/Feb Only)


All Sales Tax$3,106,521$3,610,91116.24%
Lodging Taxes$10,446$14,90542.60%

About The Author

John Renfrow, Renfrow Realty

A real estate professional since 2003, John Renfrow is owner of Renfrow Realty in the Montrose-Delta area. Now in its fourth generation, Renfrow Realty has been a trusted real estate source since 1986. John and his father, Jim Renfrow, bring a combination of business expertise and a lengthy track record in real estate to every real estate transaction.

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