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Property profile & analytics
OFF-MARKET
Retail space
34 Main St Cortez, CO 81321-3209
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US13-2141959
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1908
Total area
5,300 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CBD
APN
561126246006
UPID
US13-2141959
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
-
The Farm Bistro Restaurant
-
Love On A Hanger Clothing & Fashion Store
-
Four Corners Pool & Spa Repair Kitchen & Bath Showroom Home Appliance Store
-
Harden HC Home Health Care Service
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
Str Investments LLC · 2 yrs held
Str Investments LLC
since 2023
2 recorded transactions
Zoning & alternative use
CBD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,720
Tax year 2023
Assessed value
$59,588
Assessed 2023
Previous assessed
$48,686
+22.4% YoY
Effective rate
4.56%
On assessed value
Assessed land
$12,632
Assessed improvement
$46,956
Land market value
$43,560
Improvement market value
$161,917
Total market value
$205,477
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1908
Heating
SPACE
Buildings
2
Stories
1
Total area
5,300 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CBD
APN
561126246006
UPID
US13-2141959
Jurisdiction
MONTEZUMA
Zoning & alternative use
CBD · Cortez, CO
Zoning CBD · permitted uses
CBD · 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
1908
Heating
SPACE
Stories
1
Buildings
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Str Investments LLC
Entity
Mailing address
PO BOX 1595, CORTEZ, CO 81321-1595
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Str Investments LLC
Main Street Ventrues LLC
Warranty Deed
$220,000 · Dave Waters Etal
Feb 28, 2008
$180,000
Main Street Ventures LLC
Betty Darlein Bauer
Warranty Deed
$180,000 · Mancos Valley Bank Cortez
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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