Government-Leased Office
For Sale
Contact for pricing
Pending
628 W 5th St, Cortez, CO 81321
7,500-square-foot commercial office property with established government tenancy and paved on-site parking.
Property Size7,500 SF
Days on Market537
Property Features for 628 W 5th St
General Information
Standard status
Pending
Size
7,500 SF
Total Parking Spaces
50
Property subtype
Office
Zoning
Commercial
Occupancy
100%
Lease Type
Gross
Investment Type
Institutional
Net Operating Income
$89,749
Financials
Cap Rate
11%
Gross Income
$173,001
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1995
Buildings
1
Stories
1
Tenancy
Single
Owner Occupied
No
Listing Agency:
Regents Real Estate Group Inc.
Listed By:
Paul Beckler · License #FA100082301
Source:
Crexi
Added: Mar 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Regents Real Estate Group Inc.
Investment Insights
Based on property information with market context.
Built in 1995, this 7,500-square-foot office building is classified for Commercial use and has housed the U.S. Department of Agriculture for more than 20 years. A lease extension provides an additional five years of tenancy. The property includes central air conditioning, forced-air heating, and established landscaping, with the owner responsible for building and landscape maintenance, property taxes, and utilities under the current arrangement.
The site includes a paved parking area with more than 20 spaces. Public water and sewer service, natural gas, electric service, and high-speed internet are available. The property is located at 628 W 5th St in Cortez, Colorado.
The site includes a paved parking area with more than 20 spaces. Public water and sewer service, natural gas, electric service, and high-speed internet are available. The property is located at 628 W 5th St in Cortez, Colorado.
Key Highlights
- 7,500‑square‑foot office building constructed in 1995
- U.S. Department of Agriculture tenancy extending beyond 20 years
- Lease extension secures another five years of occupancy
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 81321, CO
14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 7,500-square-foot commercial office property with established government tenancy and paved on-site parking.
Where is this office building located?
The property is located at 628 W 5th St Cortez, CO.
What are key features of this property?
This property features: 7,500‑square‑foot office building constructed in 1995; U.S. Department of Agriculture tenancy extending beyond 20 years; Lease extension secures another five years of occupancy
