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Property profile & analytics
OFF-MARKET
Medical Office Space
111 Railroad Ave Mancos, CO 81328-9329
Entity Owned
Free & Clear
Property ID
US13-2120949
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
3,463 SF
Lot
0.56 ac (24,394 SF)
Zoning code
CMU
APN
560528400002
UPID
US13-2120949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mancos Family Dentistry Dental Office
-
Charlotte Barry, MD Physician
-
Southwest Medical Group: Mancos Valley Medical Clinic
-
Mercy Mancos Lab Services Medical Laboratory
-
Dr. Megan J. Lykke, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
MONTEZUMA COUNTY HOSPITAL DISTRICT
MONTEZUMA COUNTY HOSPITAL DISTRICT
Zoning & alternative use
CMU · Mancos, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CMU: Corridor Mixed-Use. The Corridor Mixed-Use District is intended for application to commercial corridors outside of downtown Mancos where mixed-use development exists or is indicated on the future development plan map. Commercial mixed-use development should include a combination of commercial and residential uses that are mutually supportive and that pr…
Zone name
Corridor Mixed Use
General category
MIXED_USE
Zone area
37.83 ac
Source
municipal code
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mancos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mancos submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$190,706
Assessed 2023
Previous assessed
$128,220
+48.7% YoY
Assessed land
$50,934
Assessed improvement
$139,772
Land market value
$175,634
Improvement market value
$481,971
Total market value
$657,605
Applied tax rate
61,039.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Heating
RADIANT
Buildings
2
Stories
1
Total area
3,463 SF
Lot
0.56 ac (24,394 SF)
Zoning code
CMU
APN
560528400002
UPID
US13-2120949
Jurisdiction
MONTEZUMA
Zoning & alternative use
CMU · Mancos, COZoning CMU · permitted uses
CMU · Mancos, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CMU: Corridor Mixed-Use. The Corridor Mixed-Use District is intended for application to commercial corridors outside of downtown Mancos where mixed-use development exists or is indicated on the future development plan map. Commercial mixed-use development should include a combination of commercial and residential uses that are mutually supportive and that provide goods and services to surrounding residential uses. (i)
Zone name
Corridor Mixed Use
General category
MIXED_USE
Zone area
37.83 ac
Source
municipal code
Building & site characteristics
From public records
Year built
1974
Heating
RADIANT
Stories
1
Buildings
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
MONTEZUMA COUNTY HOSPITAL DISTRICT
Individual
Free & Clear · 0 yrs held
Mailing address
CORTEZ, CO 81321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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