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    11 Bristlecone Dr Montrose, CO 81401

    For Sale
    $330,000

    Multi-Family - Montrose, CO

    Type:Multi Family
    Lot size:
    0.81 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 11 Bristlecone Dr

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    Lot size
    0.81 Acres

    Building Details

    Architectural style
    Other

    NextHome Virtual (970) 258-9300 [email protected]

    Listing agent Shawn Carroll (970) 258-9300

    Listing date Oct 10, 2025

    MLS# 829146 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montrose Commercial Lot Development Opportunity

    This 0.80-acre commercial lot in Montrose, Colorado, presents a development opportunity within walking distance of historic downtown. The property's location, visibility, and flexibility make it suitable for multi-family, mixed-use, or commercial development. Architectural plans and renderings for a proposed 12-unit apartment complex are included, potentially saving time and resources in the planning process. The property is shovel ready with a building permit ready to be picked up from the City quickly. Utilities are nearby, and the B-2 zoning supports a range of residential and commercial uses. The location provides easy access to shops, restaurants, parks, and the river walking/bike path. The property is positioned for development due to local housing demand and the city’s focus on downtown revitalization.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.895435
    Latitude
    38.475202

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    FAQs

    What type of property is this?
    Commercial land - 0.80-acre commercial lot near downtown Montrose, Colorado.
    Where is this commercial land located?
    The property is located at 11 Bristlecone Dr Montrose, CO.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - .80 Acre Commercial Lot in Prime Downtown Montrose Location; - Architectural Plans and Renderings for a 12-Unit Apartment Complex Included; - Shovel Ready with Building Permit Ready for Pick-Up
    (970) 258-9300
    Request Owner's contact information
    11 Bristlecone Dr Montrose, CO 81401
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    Montrose, CO 81401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Bristlecone Dr Montrose, CO 81401
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