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    2 E Oak Grove Rd, Unit TBD Montrose, CO 81401

    For Sale
    $500,000

    Land, Other - Montrose, CO

    Lot size:
    0.32 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 2 E Oak Grove Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.32 Acres

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Jessamy Pressler (970) 258-9300 License #FA100082248,PersonLicenseNumber

    Listing date May 14, 2025

    MLS# 823984 Listing URL

    Copyright © 2025 NextHome, 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

    High-Visibility Commercial Lot For Sale

    Lot 2 is a commercial lot offering a strategic location with excellent visibility. It is situated steps from Montrose’s newest roundabout and adjacent to established businesses such as Walgreens. The property is zoned B-2, making it well-suited for retail, office, or service-oriented development. The lot features easy access from Oak Grove Road and a flat topography. The lot size is 0.32 acres. It is located in Montrose, CO, with the postal code 81401. The property is positioned in an area with rising traffic volumes and increasing development interest.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8629181
    Latitude
    38.4599897

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot in growing corridor, ideal for retail or office.
    Where is this commercial land located?
    The property is located at 2 E Oak Grove Rd, Unit TBD Montrose, CO.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - High-visibility location near a roundabout.; - B-2 General Commercial zoning allows for diverse development options.; - Strategic location in a growing commercial corridor.
    (970) 258-9300
    Request Owner's contact information
    2 E Oak Grove Rd, Unit TBD 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
    2 E Oak Grove Rd, Unit TBD Montrose, CO 81401
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