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Property profile & analytics
OFF-MARKET
Estimated value
$2,815,000
Individual retail properties
27432 Hwy 160 Cortez, CO 81321-9366
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US13-1997320
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1979
Total area
3,210 SF
Lot
12.04 ac (524,462 SF)
Zoning code
C
APN
560930200042
UPID
US13-1997320
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.82M
Owner & transaction history
Cortez Rv Resort LLC · 4 yrs held
Cortez Rv Resort LLC
since 2022
Last sale
$2.9M
3 recorded transactions
Zoning & alternative use
C · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cortez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cortez submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,725,000
ML approach
$2,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.82M
Range $2.53M – $3.10M · ±10% · vs last sale $2.90M (Mar 30 2022)
Last sale anchor
$2.90M
Mar 30 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$877 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$36,713
Tax year 2023
Assessed value
$744,981
Assessed 2023
Previous assessed
$126,347
+489.6% YoY
Effective rate
4.93%
On assessed value
Assessed land
$348,604
Assessed improvement
$396,377
Land market value
$1,202,084
Improvement market value
$1,366,816
Total market value
$2,568,900
Applied tax rate
11,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1979
Heating
SPACE
Buildings
3
Stories
1
Total area
3,210 SF
Lot
12.04 ac (524,462 SF)
Zoning code
C
APN
560930200042
UPID
US13-1997320
Jurisdiction
MONTEZUMA
Zoning & alternative use
C · Cortez, CO
Zoning C · permitted uses
C · Cortez, CO
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cortez. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
SPACE
Stories
1
Buildings
3
Lot
12.04 ac
Current owner
From public records · entity-resolved
Cortez Rv Resort LLC
Entity
Mailing address
5 LEGACY DR, GOLDENDALE, WA 98620-4638
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
$2,900,000
Cortez Rv Resort LLC
Campfire Properties Crotez LLC
Special Warranty Deed
$2,080,000 · Security Service FCU
May 31, 2019
—
Campifre Properties Cortez LLC
Campfire Properties Cortez LLC
Quit Claim Deed
related
$470,000 · Bernshaw INC
May 29, 2019
$1,545,000
Campfire Properties Cortez LLC
Bernshaw INC
Special Warranty Deed
$3,244,000 · Tennessee Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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