Property profile

801 Broadway Cortez, CO 81321

OFF-MARKET
Mixed-use properties
17,919 SF 3.04 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional mixed-use property at 801 N. Broadway in Cortez, Colorado, presents a unique investment opportunity. Spanning nearly 18,000 square feet on a 3.04-acre lot, this meticulously maintained building offers a wealth of features ideal for a variety of commercial uses. The property boasts over 20 individual offices, numerous workstations, a spacious lobby, and dedicated collection stations. Security is enhanced by a large, secure concrete vault and multiple storage rooms. For larger gatherings, a substantial conference room and a huge meeting room complete with a full kitchen are available. Technological infrastructure is robust, featuring an IT room with complete climate control, redundant systems, and fiber optic connectivity, complemented by a radio tower. Ample parking is provided for over 100 vehicles, including an EV charging station. The building is further equipped with a full backup generator, ensuring uninterrupted operations. The property's exterior is equally impressive, showcasing well-landscaped grounds and a comfortable outdoor courtyard. Its prime location on the north edge of Cortez offers excellent visibility and accessibility. This is a truly remarkable property with immense potential

Property profile

Verified
Property type Mixed-use properties
Year built 1965
Total area 17,919 SF
Lot 3.04 ac (132,422 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Utility Company

Location

801 Broadway Cortez, CO 81321
Cortez metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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