Technical
Financial
Distress signals
Property profile

255 Broadway Cortez, CO 81321

OFF-MARKET
Warehouses
Property ID
US13-2080104
3,640 SF 1.08 ac lot Built 1957
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1957
Total area 3,640 SF
Lot 1.08 ac (47,045 SF)
Zoning code C
APN 561127100006
UPID US13-2080104

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
  • Electronics & Wireless Store Discount Store

Location

255 Broadway Cortez, CO 81321-2713
Cortez metro Census 969301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
1 recorded transaction
2019
$137,000

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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