Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2501 Main St Cortez, CO 81321-4223

    • Grocery and convenience stores
    • 2,640 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Apr 03, 2024
    $485,000
    Location Intelligence
    Property ID
    US13-2074940
    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.

    Current Use by Public Records

    • Esmeraldas Ranchito Mexican Grocery Store / Grocery Store

    Property Details for 2501 Main St

    Year built
    1971
    Lot size
    0.93 lot acres
    Property size
    2,640 SF
    Zone code
    C
    Property type
    Grocery and convenience stores
    APN
    560930202006
    APU
    560930202006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $430,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $395,000
      Mixed-Use
      $450,000
      Hospitality
      $480,000
      Educational
      $380,000
      Residential Income
      $380,000
      Energy
      $410,000
      Income-Based Land
      $505,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.553
    Latitude
    37.3525

    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
    $2,999
    $26,434
    $38,378
    $64,812
    -
    $91,150
    $132,338
    $223,488

    Comparable in this City

    • Value Estimation
      $800,000
      2,400 SF

      806 Broadway

      CONVENIENCE STORE • 2,400 SF
      806 Broadway, Cortez, CO 81321-4048
      View Details
    • Value Estimation
      $365,000
      2,250 SF

      921 Main St

      CONVENIENCE STORE • 2,250 SF
      921 Main St, Cortez, CO 81321-3323
      View Details
    • Value Estimation
      $360,000
      2,015 SF

      2021 Main St

      CONVENIENCE STORE • 2,015 SF
      2021 Main St, Cortez, CO 81321-3041
      View Details
    • Value Estimation
      $260,000
      2,065 SF

      158 Hwy 160-491

      CONVENIENCE STORE • 2,065 SF
      158 Hwy 160-491, Cortez, CO 81321-8625
      View Details
    • Value Estimation
      $390,000
      2,394 SF

      10223 Hwy 491

      CONVENIENCE STORE • 2,394 SF
      10223 Hwy 491, Cortez, CO 81321-8301
      View Details
    • Value Estimation
      $500,000
      3,688 SF

      2320 Main St

      CONVENIENCE STORE • 3,688 SF
      2320 Main St, Cortez, CO 81321-4232
      View Details

    Similar Nearby for Sale

    • $2,500,000
      1,622 SF

      Taco Bell Sale-Leaseback, Cortez, CO

      High-Yield Taco Bell; 15-Year Lease
      1300 Main St, Cortez, CO 81321
      View Details
    • $485,000
      4,834 SF

      Versatile Commercial Buildings on Main Street

      Two connected buildings in historic Cortez, ideal for diverse ventures.
      116 W Main St, Cortez, CO 81321
      View Details
    • $490,000
      6.33 Acres

      Versatile Property with Tiny Home

      6.33-acre property with tiny home, RV spots, and commercial potential.
      6493 Road 23.6, Cortez, CO 81321
      View Details
    • $1,375,000
      4,071 SF

      Profitable Restaurant & Micro Brewery

      Successful restaurant and microbrewery on Main Street in Cortez, CO.
      1209 E Main St, Cortez, CO 81321
      View Details
    • $485,000
      9,715 SF

      Highway Commercial Property with Warehouse

      Commercial property with service garage, warehouse, and highway frontage.
      27 S Broadway, Cortez, CO 81321
      View Details
    • $350,000
      6,320 SF

      Highway Commercial Building Opportunity

      Large commercial building suitable for storage and auto body shop.
      22824 Road, Cortez, CO 81321
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2501 Main St
    Cortez, CO 81321-4223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.