1511 East Main Street

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1511 East Main Street

Cortez, CO 81321
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

DEVELOPMENT OPPORTUNITY | 2.2 ACRE | 95K+ SF LOT <p><strong>POSITIONED ALONG BUSIEST ROAD IN CORTEZ (20K+ VPD)</strong></p><ul><li>​ Frontage along Cortez’s primary commercial corridor with 20,000+ vehicles per day</li><li>​ High-traffic location serving as the main retail artery through the market</li><li>​ Excellent visibility and accessibility for passing commuters</li><li>​ Supports strong exposure for retail and service-oriented uses</li></ul><p></p><p><strong>LOCATED DIRECTLY ACROSS FROM SAFEWAY</strong></p><ul><li>​ Situated directly ac

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times