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Property profile & analytics
OFF-MARKET Estimated value $780,000
Office buildings

304 1st St Cortez, CO 81321-3707

8,232 SF 0.17 ac lot Built 1925
Entity Owned Free & Clear
Property ID
US13-2141613
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Total area 8,232 SF
Lot 0.17 ac (7,405 SF)
Zoning code CBD
APN 561126403007
UPID US13-2141613
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
  • Cortez Masonic Temple Volunteer Organization Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$813k
Blend (final) Blend
$780k
Owner & transaction history
CORTEZ MASONIC TEMPLE ASSOC
CORTEZ MASONIC TEMPLE ASSOC
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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