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Property profile & analytics
OFF-MARKET
Office buildings

321 En St Cortez, CO 81321-3230

1,479 SF 0.24 ac lot Built 1927
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US13-1860615
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1927
Construction FRAME
Total area 1,479 SF
Lot 0.24 ac (10,454 SF)
Zoning code CBD
APN 561126125011
UPID US13-1860615
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Montezuma Land Conservancy · 2 yrs held
Montezuma Land Conservancy
since 2024
Last sale
$327,300
2 recorded transactions
2024
$327,300
2019
$215,000
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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