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    1803 Industrial Rd Cortez, CO 81321

    For Sale
    $249,000

    1.22-acre lot, 100 sq ft building, water tap.

    Property size:
    100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 1.22-acre industrial lot in Cortez, Colorado, presents a unique investment opportunity. Located at 1803 Industrial Road, the property boasts a pre-installed commercial water tap with a 2-inch water line, protected by an existing metal building suitable for office space. Significant site preparation has already been completed, including extensive excavation and dirt work, creating both upper and lower level building sites. Concrete work and drainage solutions are already in place, saving the buyer considerable time and expense. The 100 square foot metal building offers immediate potential for office or storage use. The property's strategic location offers easy access to Cortez and major highways, making it ideal for a variety of commercial ventures. The existing water tap presents a unique opportunity for businesses requiring substantial water access, such as water distribution or other water-intensive operations. This turnkey lot is ready for immediate development, offering significant cost savings and a fast track to establishing a thriving business. The property's size and infrastructure make it an attractive option for businesses seeking a well-prepared and conveniently located site in a growing area.

    Property Features for 1803 Industrial Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    100 SF
    Lot Size
    53,143 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.5882
    Latitude
    37.36538

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    FAQs

    What type of property is this?
    Industrial property - 1.22-acre lot, 100 sq ft building, water tap.
    Where is this industrial property located?
    The property is located at 1803 Industrial Rd Cortez, CO.
    What is the asking price?
    The asking price for this property is $249,000.
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    1803 Industrial Rd 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
    1803 Industrial Rd Cortez, CO 81321
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