24194 Rd L

Cortez, CO 81321

$1,100,000
Last Sold Price
—
Beds
9,600 Sq. Ft.
$115 / Sq. Ft.
9,600
Sq. Ft.
$115
per Sq. Ft.
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Sold Inner Office 1/17/24
Sold Inner Office 1/17/24
front view of a house with a street
a view of a house with a patio
a view of a balcony
a view of a balcony with wooden stairs
a view of a house with a snow
a room with furniture and a window
a dining room with a table and chairs
a bathroom with a sink and a toilet
a room with furniture and gym equipment
a living room with furniture and a flat screen tv
a bathroom with a sink and a mirror
a bedroom with a bed and a chandelier
a bathroom with a sink toilet and a mirror
a kitchen with stainless steel appliances a stove a sink dishwasher a oven a dining table and chairs with wooden floor
a living room with furniture and a refrigerator
a kitchen with a sink a stove and chairs
a bathroom with a granite countertop sink and a mirror
a view of kitchen with stainless steel appliances granite countertop a dining table and chairs
a room with wooden floor and a window
a bathroom with a sink and a toilet
an empty room with wooden floor and windows
a kitchen with granite countertop stainless steel appliances a refrigerator a stove a sink dishwasher a dining table and chairs with wooden floor
a view of a room with gym equipment
a view of entryway
a view of a living room with bathroom
a view of door lock
a front view of a house with wooden fence

Description

This commercial site has excellent frontage and exposure. Constructed of all of the highest quality construction methods and is heated and cooled with an extremely efficient Electric Geo Thermal System. This 9600 SF is the first phase of a Montezuma County approved 3 phase commercial site. The building is virtually maintenance free and self sustaining. There is a mixture of office, residential, and warehouse spaces that include 7 separate leases that provide a monthly income of $8500. The Upper Level...This commercial site has excellent frontage and exposure. Constructed of all of the highest quality construction methods and is heated and cooled with an extremely efficient Electric Geo Thermal System. This 9600 SF is the first phase of a Montezuma County approved 3 phase commercial site. The building is virtually maintenance free and self sustaining. There is a mixture of office, residential, and warehouse spaces that include 7 separate leases that provide a monthly income of $8500. The Upper Level contains a beautiful 1,400 sf 2 bedroom, 2 bath apartment with in floor radiant heat and is air conditioned. This apartment is nicely appointed with stainless appliances, washer/dryer and a built in entertainment center with a sound system throughout the home. In a addition to the 1400sf apartment on the upper level there are 4 more 850sf 2 bedroom 1 bath apartments with forced air heat and air conditioning. The Lower Level is entirely heated and cooled utilizing electricity and the use of a ground source heat pump. This system heats and cools the upper level larger apartment plus the lower level 800sf office, 3,600sf shop plus a 400sf laundry room, bathroom and utility room. The Septic system is highly engineered and designed for the expansion of use when and if further apartments are added ( there are stubs for septic already in place in the shop area for 4 additional apartments).
  1. Listed by Scott Wallace • 4 Corners Properties, Inc.

Property Details for 24194 Rd L

Water Front
No
Zoning
Business, Commercial, Industrial
LISTING CLOSED: 01/16/2024 05:00 PM

Property Details for 24194 Rd L

StatusSold Inner Office
MLS #802454
Days on Market275
Taxes$6,065 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS TypeCommercial / Multi-Use w/Res
Year Built2009
Lot Size6.75 AC / 294,030 SF
CountyMontezuma County
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Location

Listing Courtesy of 4 Corners Properties, Inc., Scott Wallace

Sold By 4 Corners Properties, Inc., Scott Wallace

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Building Information for 24194 Rd L

Stories-Residences7Year Built2009Lot Size6.75 AC / 294,030 SF

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$6,097 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$505

HOA Dues

$0

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Property Information for 24194 Rd L

Summary
Location and General Information
  • Directions: Highway 491 North out of Cortez to Left on Road L. Property is located on the corner of Hwy 491 and Road L.
  • Property Known As: WestCor
Parking
  • PARKING: Gravel, 20 + Total Spaces
Taxes and HOA Information
  • Tax Year: 2021
  • Total Taxes $: 6065
Property
Property and Assessments
  • FIPS Code: 08083
  • Legal/Lot Block: N2NW4W of Hwy 6.75 Acres mol in 22-36-16
  • Photo Count: 30
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: Four Corners Board of Realtors
  • Documents On File: Aerial Photos, Legal Description
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Office Warehouse, Retail Storefront, Retail Warehouse, Warehouse, Mixed Use
  • Possible Property Use: Automotive, General Office, Mixed-Use, Office Warehouse, Retail Storefront
  • Lot Dimension: 7 Acres
  • Parcel ID #: 5.6112220002E11
  • SqFt Source: Assessor
  • Property Description: Corner
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Century Link
  • DOMESTIC WATER: Tap Installed Paid, Water Installed
  • Total # Water Meters: 2
  • Total # Electric Meters: 8
  • Existing Utilities: Electric, Septic, Water
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 7
Income & Expenses Information
  • Gross Scheduled Income $: $8,500.00
Interior and Exterior Features
Room Information
  • 1/2 Baths: 3
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 9.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 4800
  • Upper SF: 4800
  • Florring: Concrete, Laminate, Wood
  • Foundation: Concrete, Slab
  • Heating Fuel/Source: Geo Thermal
  • Cooling: Geo Thermal
  • Heating System: In-Floor Radiant
  • A/C: Geo Therma
  • Heat Type: Geo Therma
  • Ceiling Height: 9&14
  • # Overhead Doors: 3
  • Lighting: Fluorescent, Incandescent
Exterior Features
  • Roof: Metal
Rental
Rental Information
  • TENANT PAYS: Electric
  • CAM Y/N: No

Property History for 24194 Rd L

DateEvent & SourcePriceAppreciation
Jan 17, 2024

Sold (Public Record)

Public Record #1525478621

$1,100,000—
Jan 16, 2024

Sold

CRENMLS #802454

$1,100,000—
Oct 18, 2023

Pending

CRENMLS #802454

—
DateEvent & SourcePrice
01/17/2024

Sold (Public Record)

Public Record #1525478621

$1,100,000
01/16/2024

Sold

CRENMLS #802454

$1,100,000
10/18/2023

Pending

CRENMLS #802454

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 24194 Rd L

Taxable ValueLand$21,531Additions$174,572Total$196,103
Tax Record2025$8,444 ($704 / month)
Home Facts
Total Finished SqFt8,196 SqFtAbove Grade Finished SqFt8,196 SqFtStories1Lot Size185,130 SqFtStyleWarehouseYear Built2009ZoningCOMZCountyMONTEZUMAAPN561122200020

Schools near 24194 Rd L

This home is within Montezuma-Cortez Re-1 School District.
Rating
School
Type
Grades
Distance
Kemper Elementary School
Public - K to 5
Cortez Middle School
Public - 6 to 8
Montezuma-Cortez High School
Public - 9 to 12
Children's Kiva Montessori School
Charter - K to 8
Rating
School
Distance
Kemper Elementary School
PublicK to 5

Cortez Middle School
Public6 to 8

Montezuma-Cortez High School
Public9 to 12

Children's Kiva Montessori School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 4 Corners Properties, Inc., Scott Wallace

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.