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Property profile & analytics
OFF-MARKET
Office buildings

140 Market St Cortez, CO 81321-3215

2,107 SF 0.15 ac lot Built 1935
Entity Owned ~ Est. High Equity
Property ID
US13-2097046
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1935
Total area 2,107 SF
Lot 0.15 ac (6,708 SF)
Zoning code NB
APN 561126241005
UPID US13-2097046
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
  • The Gathering Place Take-out & Catering Cafe & Coffee Shop
  • Bryce Tanner, OD 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
The Gathering Place Of Cortez LLC
The Gathering Place Of Cortez LLC
since 2025
Last sale
$275,000
4 recorded transactions
2025
Price N/A
2023
$275,000
2014
Price N/A
2005
$126,800
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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