$63.97 Per Sq Foot $2,679 est/mo Sourced by Back At You

24361 Road L,Cortez, CO 81321

Cortez CO, 81321

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Description

Welcome to an exceptional investment opportunity! On 3.58 acres of prime real estate, this income-generating commercial property offers a lucrative venture for investors. Situated in a high-demand area, this property enjoys excellent visibility and accessibility, ensuring steady traffic flow and high occupancy rates. The chain-linked fencing and padlocked gate provide added security, offering peace of mind to both tenants and property owners. With a total of 10 bays, including 5 bays leased to a single party and 5 bays rented individually, this property caters to various business needs, ensuring a continuous income. Approximately 3 acres of the property are available for individual outside rental space for an additional revenue. The 4-bay rental unit is equipped with electricity and restroom facilities, enhancing tenant convenience and satisfaction. The current rental arrangements guarantee a stable income stream, with the potential for further growth through leasing the remaining space or expanding the existing facilities.

Details

MLS#813073
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1984
Days On Site28
Listing Provided ByCentury 21 West Slope Realty | Gerry Parker

Features

Bath(s) 1 Total
SQ Feet7,800
Story(s)1
Units10
Acreage3.58

Market Activity 81321

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Listings Checked: 3 minutes ago
StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaMontezuma County Rural NW
Listing VS Median (in 81321)
Price:
$499,000
low | high
Med:
$385,000
72.845691382766% of Average
SqFt:
7,800
low | high
Med:
2,479
100% of Average
$ / SqFt:
$64
low | high
Med:
$155
92.76063219622% of Average
On Site:
28
low | high
Med:
244.000000
11.475409836066% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 3:09:09 AM PDT