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Property profile & analytics
OFF-MARKET Estimated value $705,000
Office buildings

631 Main St Cortez, CO 81321-3320

5,120 SF 4.08 ac lot Built 1948
Individually Owned Free & Clear
Property ID
US13-2169123
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1948
Total area 5,120 SF
Lot 4.08 ac (177,725 SF)
Zoning code C
APN 561126400008
UPID US13-2169123
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
  • Colorado Title & Closing Services, LLC Title Company
  • Zippy Tech Inc Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$745k
Blend (final) Blend
$705k
Owner & transaction history
ROBERT WEBB PTOLEMY
ROBERT WEBB PTOLEMY
Zoning & alternative use
C · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Land Use Code thereof. Where uncertainty exists as to the boundaries of districts as shown on the Official Zoning Maps, the following rules sh…

Zone name General Commercial
General category COMMERCIAL
Zone area 849.47 ac
Source City of Cortez Land USE CODE
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