459 North St Cortez, CO 81321
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.