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Property profile & analytics
OFF-MARKET Estimated value $10,085,000
Assisted living facilities

680 Hospital Dr Cortez, CO 81321-6200

40,446 SF 4.88 ac lot Built 2008
Individually Owned ~ Est. High Equity
Property ID
US13-1859785
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2008
Total area 40,446 SF
Lot 4.88 ac (212,616 SF)
Zoning code PUD
APN 561123405017
UPID US13-1859785
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
  • Vista Grande Rehabilitation and Healthcare Center Nursing Home
  • Jared Smith Physician
  • Joni Indiek Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.36M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.09M
Owner & transaction history
Vista Grande Rehab & Healthcare Ctr
Vista Grande Rehab & Healthcare Ctr
since 2025
Last sale
$10.3M
2 recorded transactions
2025
Price N/A
2022
$10.3M
Zoning & alternative use
PUD · Cortez, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3.05 PUD, Planned Unit Development Zone District 3.05.1 General Provisions and Standards. A. Purpose. The PUD, Planned Unit Development District (PUD) is designed to provide flexibility to accommodate mixed-use, nontraditional, or innovative developments. These may include one or more of the following: Promoting more economical and efficient use of the land;…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 168.74 ac
Source City of Cortez Land USE CODE
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