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    459 North St Cortez, CO 81321

    For Sale
    $449,000

    7,500 sq ft, 0.78 acre lot, prime location

    Property size:
    7,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 7,500-square-foot metal building presents a remarkable investment opportunity in the thriving city of Cortez, Colorado. Situated on a substantial 0.78-acre lot (comprising nine city lots), measuring 150 feet by 225 feet, this property boasts unparalleled versatility. Currently, the building offers a large, open space ready for customization to suit a wide range of business needs. Pre-existing planning approval for development as a self-storage facility is in place, providing a clear pathway for immediate utilization. However, the property's adaptability extends far beyond this, making it ideal for retail, warehouse, or other specialized uses. Ample parking is readily available, catering to the needs of both employees and customers. The location itself is a key advantage, positioned in a dynamic area known for its business-friendly environment and strong economic growth potential. This property is more than just a building

    Property Features for 459 North St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    7,500 SF
    Lot Size
    33,977 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.5916
    Latitude
    37.34933

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    FAQs

    What type of property is this?
    Mixed-use property - 7,500 sq ft, 0.78 acre lot, prime location
    Where is this mixed-use property located?
    The property is located at 459 North St Cortez, CO.
    What is the asking price?
    The asking price for this property is $449,000.
    Request Owner's contact information
    459 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 North St Cortez, CO 81321
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