Property profile

459 North St Cortez, CO 81321

OFF-MARKET
Mixed-use properties
7,500 SF 0.78 ac lot Built 1990
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Property summary

AI-generated overview

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 profile

Verified
Property type Mixed-use properties
Year built 1990
Total area 7,500 SF
Lot 0.78 ac (33,977 SF)

Cap rate & NOI

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

Location

459 North St Cortez, CO 81321
Cortez metro
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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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