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Property profile & analytics
OFF-MARKET
Medical Office Space

118 Chestnut St Cortez, CO 81321-3104

3,204 SF 0.26 ac lot Built 1949
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US13-1849954
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1949
Total area 3,204 SF
Lot 0.26 ac (11,326 SF)
Zoning code NB
APN 561126240003
UPID US13-1849954
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
  • Four Corners Child Advocacy Center (The Nest) Crisis Center Medical Clinic
  • Christina R. Klotz, FNP Physician
  • Dr. Kameo Smith 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
Four Corners Child Advocacy Center · 6 yrs held
Four Corners Child Advocacy Center
since 2019
2 recorded transactions
2019
$425,000
2007
Price N/A
Zoning & alternative use
NB · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NB Neighborhood Business District I Industrial O Open District PUD Planned Unit Development Section 3.03 Residential Zone Districts Cortez Land Use Code Update Chapter 3 | Page 3-3 Cortez Land Use Code thereof. Where uncertainty exists as to the boundaries of districts as shown on the Official Zoning Maps, the following rules shall apply: 1. Boundaries indic…

Zone name Neighborhood Business District
General category COMMERCIAL
Zone area 123.80 ac
Source City of Cortez Land USE CODE
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