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Property profile & analytics
OFF-MARKET
Office buildings

344 Main St Cortez, CO 81321-3238

1,455 SF 0.15 ac lot Built 1918
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-2032274
Property summary
AI-generated overview

This 1,455 square foot mixed-use property at 344 E Main Street, Cortez, CO, presents a compelling investment opportunity. Situated on a 0.15-acre lot, this building benefits from a high volume of passing traffic, making it ideal for a variety of commercial uses. The property includes ample parking, conveniently located at the front, sides, and rear of the building. The sale includes the real estate only

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1918
Total area 1,455 SF
Lot 0.15 ac (6,534 SF)
Zoning code CBD
APN 561126125009
UPID US13-2032274
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
  • LaDawn's Discount Store (Bike/Boat/Book/etc) Store
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
L & L Investments Ltd LLC · 4 yrs held
L & L Investments Ltd LLC
since 2022
Last sale
$220,000
3 recorded transactions
2022
$220,000
2006
Price N/A
2006
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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