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    2121 Main St Cortez, CO 81321-4219
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    Property profile & analytics

    2121 Main St, Cortez, CO 81321-4219

    View on Map
    • Motels
    • 46,688 SF
    • 4.00 lot acres
    Off-Market
    Last Sale Apr 24, 2023
    $6,500,000
    Property ID
    US13-2114432
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $6,170,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Destination Grill / Restaurant
    • Cortez Conference Center / Wedding Service
    • FedEx Drop Box / Postal Service / Courier Service
    • Elite Day Spa & Salon Cortez / Spa & Massage Center
    • Holiday Inn Express Mesa Verde-Cortez, an IHG Hotel / Hotel & Motel

    Property Details for 2121 Main St

    Year built
    1985
    Lot size
    4.00 lot acres
    Zone code
    C
    Property type
    Motels
    APN
    561125400004
    APU
    561125400004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2023 $10,000,000 Ganeshay Mesa LLC Cortez Pueblo Partners LLC Warranty Deed $6.5M · Four Corners Community Bank
    Aug 7, 2013 $3,500,000 Cortez Pueblo Partners LLC Southwest Motor Hotel Associates In Warranty Deed $7.9M · Southwest Motor Hotel Associates In

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,005,000
      ML approach
      $5,680,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,968,000
      Market price range: $1.61M - $6.01M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,945,000
      Current use
      OFFICE BUILDING
      $7,070,000
      Change: +79% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,445,000
      Change: +13% Conversion: Difficult
      RETAIL STORES
      $4,435,000
      Change: +12% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,105,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.558
    Latitude
    37.3484

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $62,336
    $409,290
    $765,462
    $1,174,752
    -
    $1,411,344
    $2,639,525
    $4,050,869

    Comparable in this City

    • Value Estimation
      $2,500,000
      20,493 SF

      505 Main St

      MOTEL
      505 Main St, Cortez, CO 81321-3319
      View Details
    • Value Estimation
      $1,415,000
      18,810 SF

      2279 Hawkins

      MOTEL
      2279 Hawkins, Cortez, CO 81321-9002
      View Details
    • Value Estimation by Request
      4,609 SF

      301 Main St

      MOTEL
      301 Main St, Cortez, CO 81321-3132
      View Details
    • Value Estimation by Request
      5,750 SF

      2040 Main St

      MOTEL
      2040 Main St, Cortez, CO 81321-3042
      View Details
    • Value Estimation
      $5,680,000
      17,144 SF

      535 Main St

      MOTEL
      535 Main St, Cortez, CO 81321-3319
      View Details
    • Value Estimation
      $690,000
      5,508 SF

      728 Broadway

      MOTEL
      728 Broadway, Cortez, CO 81321-4009
      View Details

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      Service Garage and Office Flex

      Well-equipped service garage with office space, eight bay doors, and fenced parking for automotive operations.
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    • $550,000
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      Rezonable Mixed-Use Development Land

      5.7-acre downtown Cortez parcel adjacent to Walmart, currently zoned multi-family and in process to rezone to mixed use.
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    • $499,900
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      Historic Flex Building with Kitchen

      Versatile building with multiple entrances, commercial kitchen equipment, and warehouse-style space for retail, dining, or workspace uses.
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    • $1,200,000
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      Commercially Zoned Land Parcel

      Large commercial-zoned acreage adjoining a high school and Walmart, with roadway borders and an AS-IS sale for development.
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    • $235,000
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    Property Visit Statistics

    • Visits by month
      4.1k
    • Visitors by month
      2.3k
    • Avg Time on site
      499 min
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    Cortez, CO 81321-4219
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