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Property profile & analytics

501 Broadway Cortez, CO 81321-3427

  • Auto shops
  • 1,800 SF
  • 0.31 lot acres
OFF-MARKET
Value Estimation
$225,000
Location Intelligence
Property ID
US13-1955925
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cortez Muffler / Muffler Shop
  • Chrome Mafia Custom Cycles / Motorcycle Repair Shop
  • Camis Cutz Barbershop 💈 / Barber Shop
  • Rocky Mountain Renovations / General Contractor

Property Details for 501 Broadway

Year built
1985
Lot size
0.31 lot acres
Property size
1,800 SF
Zone code
C
Property type
Auto shops
APN
561127404013
APU
561127404013

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $175,000
    6.5%
    $175,000
    7%
    $180,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $175,000
    Geo Method
    $150,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $160,000
    Retail
    $200,000
    Mixed-Use
    $210,000
    Hospitality
    $190,000
    Educational
    $175,000
    Residential Income
    $170,000
    Energy
    $200,000
    Income-Based Land
    $160,000
    Food Service
    $185,000

Location Insight

  • Map
  • Local Demand
City
Cortez
County
Montezuma
State
Colorado
Longitude
-108.598
Latitude
37.3431

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,680
$23,496
$35,332
$58,828
-
$81,022
$121,836
$202,858
More about this property
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