440 BroadwayCortez, CO 81321

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

PT Realty Valuation

• Cap approach

  6%

  $1,628,158

  6.5%

  $1,502,916

  7%

  $1,395,564

• Alternative use approach

  Residential

  $1,640,747

  Hospitality

  $1,502,916

  Educational

  $1,250,408

  Medical

  $1,293,412

  Retail

  $1,945,079

• Comp approach

  Method 1

  $3,730,258

  Method 2

  $1,514,425

Location Insight

City

Cortez

County

Montezuma

State

Colorado

Latitude

37.3436

Longitude

-108.596

Property Tax & Assessments

• Assessed Improved Value
  $58,931
• Assessed land value
  $12,783
• Assessed value
  $71,714
• Tax year
  2023
• Tax bill
  $12,646

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