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Property profile & analytics
FOR SALE
Office buildings

30 W 1St St Cortez, CO 81321

2,544 SF 0.16 ac lot Built 1952
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-1802344
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1952
Total area 2,544 SF
Lot 0.16 ac (6,970 SF)
Zoning code CBD
APN 561126304008
UPID US13-1802344
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
  • fourcornersmedicare Financial Advisor Insurance Agency
  • Farmers Insurance - Allen Michalak Insurance Agency
  • Edward Jones - Financial Advisor: Zac Fahrion Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janet I Gilbert · 6 yrs held
Janet I Gilbert
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
CBD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Central Business District 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 Zonin…

Zone name Central Business District
General category CIVIC_INSTITUTIONAL
Zone area 55.69 ac
Source City of Cortez Land USE CODE
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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