Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    520 Main St Cortez, CO 81321-3113

    • Drive through restaurants
    • 3,664 SF
    • 1.07 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Feb 12, 2020
    Location Intelligence
    Property ID
    US13-2056393
    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

    • Burger King / Restaurant / Fast Food Restaurant

    Property Details for 520 Main St

    Year built
    1996
    Lot size
    1.07 lot acres
    Property size
    3,664 SF
    Zone code
    C
    Property type
    Drive through restaurants
    APN
    561127415016
    APU
    561127415016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cortez
    County
    Montezuma
    State
    Colorado
    Longitude
    -108.593
    Latitude
    37.3484

    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
    $10,940
    $60,825
    $199,880
    $260,705
    -
    $209,741
    $689,241
    $898,982

    Comparable in this City

    • Value Estimation
      $235,000
      1,738 SF

      1127 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,738 SF
      1127 Main St, Cortez, CO 81321-3305
      View Details
    • Value Estimation
      $245,000
      665 SF

      400 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 665 SF
      400 Main St, Cortez, CO 81321-3306
      View Details
    • Value Estimation
      $235,000
      1,528 SF

      436 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,528 SF
      436 Broadway, Cortez, CO 81321-3426
      View Details
    • Value Estimation
      $395,000
      2,444 SF

      2222 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,444 SF
      2222 Main St, Cortez, CO 81321-4263
      View Details
    • Value Estimation
      $235,000
      2,335 SF

      221 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,335 SF
      221 Main St, Cortez, CO 81321-3237
      View Details
    • Value Estimation
      $1,550,000
      2,987 SF

      504 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,987 SF
      504 Broadway, Cortez, CO 81321-3428
      View Details

    Similar Nearby for Sale

    • $2,380,952
      1,622 SF

      Taco Bell NNN Property

      NNN Taco Bell property for sale in Cortez, Colorado.
      1300 E Main St, Cortez, CO 81321
      View Details
    • $2,500,000
      1,622 SF

      Taco Bell Sale-Leaseback, Cortez, CO

      High-Yield Taco Bell; 15-Year Lease
      1300 Main St, Cortez, CO 81321
      View Details
    • $485,000
      4,834 SF

      Versatile Commercial Buildings on Main Street

      Two connected buildings in historic Cortez, ideal for diverse ventures.
      116 W Main St, Cortez, CO 81321
      View Details
    • $1,375,000
      4,071 SF

      Profitable Restaurant & Micro Brewery

      Successful restaurant and microbrewery on Main Street in Cortez, CO.
      1209 E Main St, Cortez, CO 81321
      View Details
    • $895,000
      6,031 SF

      Restaurant and Bar on Large Lot

      Over 6,000 sqft restaurant/bar on 1 acre near highway.
      2591 E Main St, Cortez, CO 81321
      View Details
    • $490,000
      6.33 Acres

      Versatile Property with Tiny Home

      6.33-acre property with tiny home, RV spots, and commercial potential.
      6493 Road 23.6, Cortez, CO 81321
      View Details

    Property Visit Statistics

    • Visits by month
      17.5k
    • Visitors by month
      10.2k
    • Avg Time on site
      14 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    520 Main St
    Cortez, CO 81321-3113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.