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    Tbd Cactus St Cortez, CO 81321

    For Sale
    $550,000

    Multi-Family - Cortez, CO

    Type:Multi Family
    Lot size:
    5.70 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for Tbd Cactus St

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    Lot size
    5.70 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Matthew Arias (970) 247-3840

    Listing date Oct 13, 2025

    MLS# 808602 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-Family Land

    This 5.7-acre property is located in downtown Cortez, Colorado. The parcel is adjacent to Walmart, benefiting from significant daily traffic. Currently zoned for multi-family use, the seller is in the process of rezoning it to mixed-use, which would allow for both commercial and residential development to capitalize on the location. The property is offered "AS IS" without further advancement of the planning process.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.734
    Latitude
    37.3484

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    FAQs

    What type of property is this?
    Commercial land - 5.7 acres of multi-family land in downtown Cortez, Colorado.
    Where is this commercial land located?
    The property is located at Tbd Cactus St Cortez, CO.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - 5.7 Acres of prime real estate in downtown Cortez.; - Adjacent to Walmart, providing tremendous daily traffic.; - Currently zoned multi-family.
    (970) 247-3840
    Request Owner's contact information
    Tbd Cactus St 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

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    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
    Tbd Cactus St Cortez, CO 81321
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