2121 MainCortez, CO 81321

  • Hospitality properties
  • 46,688 SF
Off market
$40,075,200 Estimated

Property Details for 2121 Main

Year built
1985
Lot size
4.00 AC
Property size (Sq ft)
46,688 SF
Zone code
C
Property type
Hospitality properties
Property subtype
Motels
APN
561125400004
APU
561125400004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,745,572
    6.5%
    $8,995,913
    7%
    $8,353,348
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,327,984
    Geo Method
    $9,064,802
  • Alternative Use

    Use
    Valuation
    Residential
    $9,820,923
    Hospitality
    $8,995,913
    Educational
    $7,484,494
    Medical
    $7,741,897
    Retail
    $11,642,546
2121 Main, Cortez, Colorado

Location Insight

City
Cortez
County
Montezuma
State
Colorado
Latitude
37.3484
Longitude
-108.558

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
$62,336
$409,290
$765,462
$1,174,752
-
$1,411,344
$2,639,525
$4,050,869

Property Visit Statistics

  • Visits by month
    4.1k
  • Visitors by month
    2.3k
  • Avg Time on site
    499 min

FAQs

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