550 S Broadway, Cortez, CO 81321 Property Records

Montezuma County property record for 550 S Broadway, Cortez, CO 81321

Property Summary

Property Type	Restaurant
Details	11,336 sqft · built 1968
Lot Size	3.71 acres (162,000 sqft)
Owner	2 Company Names on Record
Last Sale	$585,000 (May 2023)
Tax Bill	$18,193 (2025)
Deeds & Mortgages	May 2023 Sale May 2023 Sale + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R014918`

Property Details

APN / Parcel Number

Primary APN	`R014918`
Alternative APN	`561127400079`

Interior

Stories	1 Story
Building Area	11,336 sqft Total Area
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1968
Roof Type	Flat
Lot Area	162,000 sqft (3.71 acres)
Garage Type	Detached
Garage Area	280 sqft
Parking Spaces	4 Parking Spaces
Total Buildings	9 Buildings

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Account Number	R014918
Street Address	550 S BROADWAY
City	CORTEZ
State	CO
Zip	81321-3485
Property Category	Commercial
Property Type	Commercial > Retail > Restaurant
Local Zoning Code	C
Legal Description	SUBDIVISION: PAYSON PT OF TR 11; 2 TRS IN TR 12; 3.9AC B479 P217
Legal Subdivision	PAYSON
Legal Tract	11-12
Jurisdiction	MONTEZUMA CO
Township / Civil Division	CORTEZ
Census Block Group	3
Census Block	3020
Census Tract	969400

Owner

Source: Montezuma County records, as of May 13, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Company Names on Record
Mailing Address	4307 ROWE AVE, FARMINGTON, NM 87402-3009
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
May 1, 2023	Special Warranty Deed, Transfer COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS
May 1, 2023	Warranty Deed, Transfer COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS
Aug 10, 2022	Special Warranty Deed, Transfer COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 1, 2023 · Amount on Record
Deed Sale	May 1, 2023 · Amount on Record
Prior Sale	Aug 10, 2022 · Amount on Record
Deed Document Number	2023650549
Record Updated	Jun 8, 2026

May 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MONTEZUMA CO
Recording Date	May 1, 2023
Property Address	640 S BROADWAY, CORTEZ, CO 81321-3430
Document Number	0000650549
Map Reference	MB 3 PG 77
Instrument Date	Apr 28, 2023
Instrument	650549
Transaction Type	Transfer
Record Updated	Apr 18, 2024
Title Company	COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS

Transaction

Amount	Amount Recorded
Tax	$58.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	654 W MAIN ST, FARMINGTON, NM 87401-8429

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MONTEZUMA CO
Recording Date	May 1, 2023
Property Address	640 S BROADWAY, CORTEZ, CO 81321-3430
Document Number	0000650546
Map Reference	MB 3 PG 77
Instrument Date	Apr 28, 2023
Instrument	650546
Transaction Type	Transfer
Record Updated	Apr 18, 2024
Title Company	COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	130 FOREST RIDGE RD, DURANGO, CO 81303-7548

August 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	MONTEZUMA CO
Recording Date	Aug 10, 2022
Property Address	640 S BROADWAY, CORTEZ, CO 81321-3430
Document Number	0000646802
Instrument Date	Aug 9, 2022
Instrument	646802
Transaction Type	Transfer
Record Updated	Apr 18, 2024
Title Company	COLORADO TITLE AND CLOSING SERVICES, COLORADO TTL & CLOSING SVCS

Transaction

Amount	Amount Recorded
Tax	$35.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	130 FOREST RIDGE RD, DURANGO, CO 81303-7548

Tax Assessment & Valuation

Source: Montezuma County assessment roll, as of March 24, 2026

Property Jurisdictions

Type	Name
State	Colorado
County	Montezuma County
Municipality	Cortez City
Unified School District	Montezuma-Cortez School District RE-1 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$18,193.00 (-23.6%)	$315,056 (-22.94%) Land $193,899 Building $121,157	$1,086,400 (-22.94%) Land $668,617 Building $417,783
2024	$23,813.00 (+64.4%)	$408,832 (-4.21%) Land $145,821 Building $263,011	$1,409,767 (-4.21%) Land $502,831 Building $906,936
2023	$14,485.00 (-31.93%)	$426,816 (+295.53%) Land $147,837 Building $278,979	$1,471,780 (+8.57%) Land $509,783 Building $961,997
2022	$21,280.00	$107,910 Land $40,579 Building $67,331	$1,355,645 Land $509,783 Building $845,862

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective September 26, 2008

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 63% of the US · lower than 80% of Colorado
Wildfire Likelihood	0.04% annual chance
Exposure	Indirect within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF CORTEZ serves 8,770 people · EPA ID CO0142200
Water Source	Surface water
Last State Inspection	Jun 2025
Lead	2 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Jan 2020
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 353 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Clearnetworx Fiber	1,000 / 1,000
TDS Telecom Cable	1,000 / 20
Choice Broadband Fixed Wireless	400 / 80
Nimbus Solutions Fixed Wireless	100 / 100
Visionary Broadband Fixed Wireless	100 / 20

May also be available: Farmers Telecommunications, T-Mobile.

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