Description
Rare Development Opportunity in a Prime Montrose Location! Unlock the potential of 5 acres of exceptional real estate located within an Opportunity Zone, offering an outstanding investment for developers, builders, and visionary investors. Currently zoned General Residential (R), this property presents exciting possibilities for future high-density residential development (subject to applicable approvals). This property is next to 13 acres that is listed separately, both can be purchased together. Perfectly positioned just 1.7 miles from Townsend Avenue, you'll enjoy easy access to Montrose's main commercial corridor, shopping, dining, healthcare, and everyday amenities-making this an attractive location for future homeowners. NO HOA or COVENANTS! Whether you're looking to maintain the acreage as an irrigated property for livestock and agricultural use or capitalize on the opportunity to create a thriving residential community, this versatile property offers the flexibility to bring your vision to life. Properties of this size, location, and potential are becoming increasingly rare-don't miss your chance to invest in the future of Montrose.
Details
| MLS # | 836810 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 95 |
| Listing Provided By | Berkshire Hathaway HomeServices Colorado Properties | Trena Unrein |
Features
| Zoning | Agriculture,Residential Single F |
|---|---|
| Acreage | 5.00 |
| Property View | Yes |
Other
| List Aor | Montrose Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose NE |
| Community Name | Other |
| School District | Montrose 9-12 |
| Elementary School | Johnson K-5 |
| High School | Montrose 9-12 |
| Listing VS Median (in Other) | |
Price: $400,000 low | high Med: $549,900 On site: 95 low | high Med: 60 | |
Market Activity 81401
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Learn More About This Property
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose NE |
| Community Name | Other |
| School District | Montrose 9-12 |
| Elementary School | Johnson K-5 |
| High School | Montrose 9-12 |
| Listing VS Median (in Other) | |
Price: $400,000 low | high Med: $549,900 On site: 95 low | high Med: 60 | |
