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    2 Tbd Wilson Ave Olathe, CO 81425

    For Sale
    $545,000

    Residential - Olathe, CO

    Type:Single Family Residence
    Lot size:
    2.27 Acres
    Days on Market:
    235
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 2 Tbd Wilson Ave

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    2.27 Acres

    Building Details

    Architectural style
    Other

    United Country Sneffels Realty (970) 318-2160 [email protected]

    Listing agent Todd Schroedel (970) 626-3555

    Listing date Apr 15, 2025

    MLS# 818923 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

    Olathe, CO Residential Investment Opportunity

    This 2.27-acre parcel is located in Western Colorado's Opportunity Zone. The property is adjacent to Olathe School and the football stadium. Zoned for residential use, the property allows for multi-family units, duplexes, or a residential neighborhood. Buildings up to 35 feet in height are permitted, potentially allowing for 3-story buildings with mountain views to the south. Utilities are to the property or nearby. Roads are located on the west and south sides. Soil testing has been completed, and a topographic survey has been finished. The seller has designed plans for 8-plex apartment buildings, allowing for phased building and scaling. The property is suitable for affordable housing, condos, senior living, or single-family patio homes. The property qualifies for tax treatment through the Opportunity Zone.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Olathe
    County
    Montrose
    State
    Colorado
    Longitude
    -108.204
    Latitude
    38.5238

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.27-acre residential parcel in Western Colorado's Opportunity Zone.
    Where is this residential land & home lot located?
    The property is located at 2 Tbd Wilson Ave Olathe, CO.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - Located in a designated Opportunity Zone, offering significant tax incentives.; - 2.27-acre parcel zoned for residential development with flexible options.; - Utilities are available to the property or nearby.
    (970) 626-3555
    Request Owner's contact information
    2 Tbd Wilson Ave Olathe, CO 81425
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    Olathe, CO 81425
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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

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    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 Tbd Wilson Ave Olathe, CO 81425
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