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Property profile & analytics
OFF-MARKET Estimated value $620,000
Office buildings

2423 Main St Cortez, CO 81321-4269

6,975 SF 0.56 ac lot Built 1959
Entity Owned 3-yr Hold Free & Clear
Property ID
US13-2117819
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Total area 6,975 SF
Lot 0.56 ac (24,394 SF)
Zoning code C
APN 560930201001
UPID US13-2117819
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 Vision Eye Clinic & Optical Physician
  • KBDX Radio Station Telecommunications Service
  • Redrock Radio Radio Station Telecommunications Service
  • Alpine Eye Clinic PC: Petty John G MD Ophthalmologist
  • A Wayne Coleman CPA PC Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
$689k
Blend (final) Blend
$620k
Owner & transaction history
20 20 Properties LLC · 3 yrs held
20 20 Properties LLC
since 2022
Last sale
$570,000
3 recorded transactions
2022
Price N/A
2022
$570,000
2015
Price N/A
Zoning & alternative use
C · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Land Use Code thereof. Where uncertainty exists as to the boundaries of districts as shown on the Official Zoning Maps, the following rules sh…

Zone name General Commercial
General category COMMERCIAL
Zone area 849.47 ac
Source City of Cortez Land USE CODE
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