Technical
Financial
Distress signals
Property profile

491 Broadway Cortez, CO 81321

OFF-MARKET
Retail space
Property ID
US13-1853782
1,009 SF 0.12 ac lot Built 1954
Individually Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Total area 1,009 SF
Lot 0.12 ac (5,358 SF)
Zoning code C
APN 561126200007
UPID US13-1853782

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center

Location

491 Broadway Cortez, CO 81321-2717
Cortez metro Census 969301
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2014
2 recorded transactions
2014
$120,000
2006
Price N/A

Zoning & alternative use

C · Cortez, CO
Zoning description

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 La…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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