344 Main StCortez, CO 81321
- Office properties
- 1,455 SF
For Sale
$235,000
View listing
Property Details for 344 Main St
- Year built
- 1918
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 1,455 SF
- Zone code
- CBD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 561126125009
- APU
- 561126125009
Description
This 1,455 square foot mixed-use property at 344 E Main Street, Cortez, CO, presents a compelling investment opportunity. Situated on a 0.15-acre lot, this building benefits from a high volume of passing traffic, making it ideal for a variety of commercial uses. The property includes ample parking, conveniently located at the front, sides, and rear of the building. The sale includes the real estate only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $267,393
- 6.5%
- $246,825
- 7%
- $229,194
-
Comparable approach
- Method
- Valuation
- Relative Method
- $296,101
- Geo Method
- $120,212
-
Alternative Use
- Use
- Valuation
- Residential
- $306,062
- Hospitality
- $280,352
- Educational
- $233,249
- Medical
- $241,271
- Retail
- $362,832
344 Main St, Cortez, Colorado
Location Insight
- City
- Cortez
- County
- Montezuma
- State
- Colorado
- Latitude
- 37.349
- Longitude
- -108.58
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
$2,127
$23,686
$24,792
$48,478
-
$81,675
$85,491
$167,166
Comparable in this City
Similar Nearby for Sale
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