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    11576 Road 24 Cortez, CO 81321

    For Sale
    $375,000

    High-Visibility Cortez Commercial Land

    Property size:
    3,380 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional Cortez, CO commercial property boasts 3,380 square feet on a nearly two-acre lot (1.95 acres). The property enjoys prime visibility due to its North Hwy 491 frontage and convenient access from Road 23. The expansive, flat, graveled parking area provides ample space for customers and employees. The building itself offers a versatile layout, ideal for a variety of commercial uses. Approximately 1,480 square feet are finished and suitable for office space or similar applications. A substantial 1,900-square-foot shop area is also included, featuring an upstairs storage area and additional office space. The shop's 14-foot-tall garage doors accommodate large equipment and semi-trucks. This property presents a unique opportunity for entrepreneurs and businesses seeking high visibility and ample space in a rapidly growing area. The flat, graveled land offers excellent access and maneuverability. The combination of office space and large shop area makes this a truly versatile commercial property with unlimited potential. Don't miss this chance to own a highly visible and functional commercial property in Cortez, Colorado. Priced at $375,000.

    Property Features for 11576 Road 24

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,380 SF
    Lot Size
    84,942 SF

    Building Details

    Year Built
    1991
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Professional Garage Door Garage Door Supplier

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Storage Facility HVAC Service Garden Center Furniture Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.6085
    Latitude
    37.37837

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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility Cortez Commercial Land
    Where is this mixed-use property located?
    The property is located at 11576 Road 24 Cortez, CO.
    What is the asking price?
    The asking price for this property is $375,000.
    Request Owner's contact information
    11576 Road 24 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
    11576 Road 24 Cortez, CO 81321
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