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    459 W North St Cortez, CO 81321

    For Sale
    $375,000

    Multi-Use - Cortez, CO

    Property size:
    7,500 SF
    Lot size:
    0.78 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 459 W North St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    7,500 SF
    Lot size
    0.78 Acres

    Building Details

    Year built
    1990
    Architectural style
    Other

    Keller Williams Realty Southwest Associates (970) 247-3840 [email protected]

    Listing agent Joe Clair (970) 247-3840

    Listing date Sep 24, 2025

    MLS# 820593 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Cortez Multi-Use Opportunity

    Located in downtown Cortez, this property offers a significant investment opportunity. It features .78 acres and a 7,500 square foot building, presenting a canvas for various development possibilities. The property's central, high-visibility location and substantial square footage make it suitable for building, expansion, or new construction projects.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.591415
    Latitude
    37.349202

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    FAQs

    What type of property is this?
    Mixed-use property - Prime downtown Cortez investment: .78 acres with 7,500 sqft building.
    Where is this mixed-use property located?
    The property is located at 459 W North St Cortez, CO.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Partial Owner Carry financing available to qualified buyers.; - **Large 0.78 acre lot (nearly an acre) in downtown Cortez.**; - Includes a 7,500 sq ft building.
    (970) 247-3840
    Request Owner's contact information
    459 W North St Cortez, CO 81321
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    Cortez, CO 81321
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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
    459 W North St Cortez, CO 81321
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