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

    For Sale
    $800,000

    Land, Other - Montrose, CO

    Lot size:
    0.83 Acres
    Days on Market:
    206
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 3 E Oak Grove Rd

    General Information

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

    Building Details

    Architectural style
    Other

    NextHome, Inc

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

    Listing date May 14, 2025

    MLS# 823986 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

    Commercial Lot in Prime Location

    This 0.83-acre commercial lot, identified as Lot 3 in the Falcon Minor Subdivision, is zoned B-2 General Commercial, offering flexibility for various business operations. Situated just off a newly constructed roundabout and in proximity to Walgreens, the location provides excellent exposure and convenient accessibility for customers and clients. The B-2 zoning supports a wide array of uses, including retail storefronts, restaurants, offices, and healthcare facilities. This lot allows for the creation of a custom commercial space within one of Montrose’s fastest-growing areas.
    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 - Flexible commercial lot in Montrose's fastest-growing corridor, excellent exposure.
    Where is this commercial land located?
    The property is located at 3 E Oak Grove Rd, Unit TBD Montrose, CO.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Prime location off the newly built roundabout.; - B-2 General Commercial zoning allows for a wide range of business uses.; - Excellent exposure near Walgreens.
    (970) 258-9300
    Request Owner's contact information
    3 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
    3 E Oak Grove Rd, Unit TBD Montrose, CO 81401
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