440 BroadwayCortez, CO 81321

  • Hospitality properties
  • 7,800 SF
Off market
$15,428,860 Estimated

Property Details for 440 Broadway

Year built
1996
Lot size
1.54 AC
Property size (Sq ft)
7,800 SF
Zone code
C
Property type
Hospitality properties
Property subtype
Motels
APN
561127400019
APU
561127400019

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,628,158
    6.5%
    $1,502,916
    7%
    $1,395,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,730,258
    Geo Method
    $1,514,425
  • Alternative Use

    Use
    Valuation
    Residential
    $1,640,747
    Hospitality
    $1,502,916
    Educational
    $1,250,408
    Medical
    $1,293,412
    Retail
    $1,945,079
440 Broadway, Cortez, Colorado

Location Insight

City
Cortez
County
Montezuma
State
Colorado
Latitude
37.3436
Longitude
-108.596

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
$12,646
$12,783
$58,931
$71,714
-
$160,596
$740,334
$900,930

FAQs

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