This 7,100 sq. ft. residential corner lot in the Cortez area of Montezuma County, Colorado, offers a great opportunity in a central, easily accessible location. Featuring flat, open terrain, the property has public utilities available, including water, sewer, and power. Located within the Town of Cortez with NB zoning, the property offers potential for a duplex or possibly a light commercial use such as an office, per seller. Conveniently located near major highways, the property provides easy access to local amenities and nearby communities. This lot presents an excellent opportunity to build or make a smart investment in a well-connected Cortez location.
Lot/land
Price cut: $3K (10/14)
$49,999
240 N Elm Street, Cortez, CO 81321
--beds
--baths
7,100Square Feet
Improved Land
Built in ----
7,100 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days
- 71
- 4
Zillow last checked:
Listing updated:
Listed by:
Joel Hinckley 303-848-6215,
PlatLabs LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 7684502
Facts & features
Property
Lot
- Size: 7,100 Square Feet
Details
- Parcel number: 561126233006
- Zoning: NB
- Special conditions: Standard
Utilities & green energy
- Electric: Single Phase
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Town Of Cortez
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Tax assessed value: $19,200
- Annual tax amount: $327
- Date on market: 10/5/2026
- Listing terms: Cash,Conventional
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Price change | $49,999-5.7% |
Source: | ||
| 10/5/2026 | Listed for sale | $52,999 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $327 +9.9% | $5,360 |
| 2023 | $298 -3.6% | $5,360 -5.3% |
| 2022 | $309 | $5,660 |
| 2021 | -- | $5,660 -7.2% |
| 2020 | -- | $6,100 |
| 2017 | -- | $6,100 |
| 2016 | $350 | $6,100 -81.7% |
| 2015 | $350 | $33,250 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 81321
Nearby schools
Schools provided by the listing agent
- District: Montezuma-Cortez RE-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




