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    Property profile & analytics

    29231 Hwy 160 Cortez, CO 81321

    • Distribution centers
    • 2,400 SF
    • 6.20 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US13-1977387
    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

    • Distribution centers

    Property Details for 29231 Hwy 160

    Year built
    2011
    Lot size
    6.20 lot acres
    Property size
    2,400 SF
    Zone code
    INDLZ
    Property type
    Distribution centers
    APN
    560928301001
    APU
    560928301001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.515
    Latitude
    37.3485

    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
    $2,202
    $15,950
    $298,140
    $314,090
    -
    $55,000
    $1,028,068
    $1,083,068

    Comparable in this City

    • Value Estimation
      $245,000
      4,860 SF

      7290 Hwy 160-491

      DISTRIBUTION WAREHOUSE • 4,860 SF
      7290 Hwy 160-491, Cortez, CO 81321-9541
      View Details
    • Value Estimation
      $270,000
      6,000 SF

      2005 Industrial Rd

      DISTRIBUTION WAREHOUSE • 6,000 SF
      2005 Industrial Rd, Cortez, CO 81321-8853
      View Details
    • Value Estimation
      $1,270,000
      14,400 SF

      6762 Rd 243

      DISTRIBUTION WAREHOUSE • 14,400 SF
      6762 Rd 243, Cortez, CO 81321-0736
      View Details
    • Value Estimation
      $495,000
      9,230 SF

      12936 Hwy 491

      DISTRIBUTION WAREHOUSE • 9,230 SF
      12936 Hwy 491, Cortez, CO 81321-9359
      View Details
    • Value Estimation
      $385,000
      13,464 SF

      2009 Industrial Rd, Unit 9

      DISTRIBUTION WAREHOUSE • 13,464 SF
      2009 Industrial Rd, Cortez, CO 81321-8853
      View Details
    • Value Estimation
      $180,000
      2,542 SF

      490 Broadway

      COM AUTO TRANS/STORAGE • 2,542 SF
      490 Broadway, Cortez, CO 81321-3426
      View Details

    Similar Nearby for Sale

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      0.17 Acres

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      9,715 SF

      Highway Commercial Property with Warehouse

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      Highway Commercial Building Opportunity

      Large commercial building suitable for storage and auto body shop.
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      View Details
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    29231 Hwy 160
    Cortez, CO 81321
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    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
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