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Property profile & analytics
OFF-MARKET Estimated value $645,000
Office buildings

217 Main St Cortez, CO 81321-3135

4,200 SF 0.15 ac lot Built 1983
Entity Owned Absentee Owner Free & Clear
Property ID
US13-2041030
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 4,200 SF
Lot 0.15 ac (6,534 SF)
Zoning code CBD
APN 561126306002
UPID US13-2041030
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
  • Cortez Smiles Dental Office
  • Training Advantage Business Service Center Employment Agency
  • Cortez Smiles: Matthew Bryner, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$645k
Owner & transaction history
GILLILAND GROUP PARTNERSHIP
GILLILAND GROUP PARTNERSHIP
Zoning & alternative use
CBD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District C General Commercial District 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 Zonin…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 55.69 ac
Source City of Cortez Land USE CODE
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