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Financial
Distress signals
Property profile

22 1st St Cortez, CO 81321

OFF-MARKET
Retail space
Property ID
US13-2141963
2,400 SF 0.06 ac lot Built 1928
Last sale May 2008 · $92,300
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,400 square foot retail property presents a unique opportunity in the heart of Cortez, Colorado. Situated at 22 E 1ST STREET, this historic building enjoys a highly desirable location, boasting close proximity to the Cortez Post Office and the recently revitalized Calkins Commons. The property sits on a 0.06-acre lot, offering convenient access and visibility for any business. The interior layout is well-designed to accommodate a variety of retail uses, featuring a spacious…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$34k
Assessed land$4k
Assessed improvement$29k
Effective rate3.96%

Value estimate

· Oct 2026
$95k
$86k – $105k
AI approach$80k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$54 – $136

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
CBD Central Business District C General Commercial District NB Neighborhood Business District I Industrial O Open District PUD Planned Un...
General categoryCIVIC_INSTITUTIONAL
JurisdictionMONTEZUMA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.9
Convenience Store9.9
Grocery Store9.3

Location

22 1st St Cortez, CO 81321-3702
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11515 Hwy 145, Cortez, CO 81321-8868 $400,000 Jan 2026 2,800 SF
25 Main, Cortez, CO 81321-3240 $150,000 Jul 2025 2,925 SF
9 Main, Cortez, CO 81321-3133 $385,000 Dec 2024 2,300 SF
2501 Main, Cortez, CO 81321-4223 $485,000 Apr 2024 2,640 SF
126 Pinon, Cortez, CO 81321-3146 $420,000 Apr 2023 2,324 SF
158 Hwy 160-491, Cortez, CO 81321-8625 $275,000 Jan 2022 2,065 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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