Technical
Financial
Distress signals
Property profile

2415 Empire St Cortez, CO 81321

OFF-MARKET
Showrooms
Property ID
US13-1937724
2,848 SF 0.58 ac lot Built 2001
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Cortez, Colorado, this commercial property includes two Butler metal buildings on a 0.58-acre lot. The primary 3,000-square-foot building was constructed in 2000 and is enclosed by a perimeter fence; it contains a storefront showroom, office space, a kitchenette, and a wheelchair-accessible bathroom. The warehouse portion includes a bathroom and two 10-foot-by-10-foot garage doors with openers, and is served by a standing seam metal roof with four skylights. Mechanical and utility features include in-floor radiant hot water heat, 3-phase wiring, fiber optic high-speed internet capability, a security system, and swamp cooling via two swamp coolers (one for the showroom and one for the warehouse). A secondary 2,000-square-foot Butler building sits at the rear of the site and features a standing seam metal roof with six skylights, an 18-foot ceiling, and two 10-foot-by-14-foot garage doors with openers; it is equipped with 3-phase wiring, two hanging Reznor heaters, one swamp cooler, and a recycled water system. The site includes approximately 5,000 square feet of blacktop and drought-tolerant landscaping, and the configuration supports a range of commercial uses.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2001
Total area 2,848 SF
Lot 0.58 ac (25,178 SF)
Zoning code C
APN 560930215008
UPID US13-1937724

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

2415 Empire St Cortez, CO 81321-2642
Cortez metro Census 969302
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

Zoning & alternative use

C · Cortez, CO
Zoning description

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 La…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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