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    401 Payson St Naturita, CO 81422

    For Sale
    $335,000

    Residential - Naturita, CO

    Type:Single Family Residence
    Lot size:
    1.08 Acres
    Days on Market:
    236
    Last Refresh:
    Dec 10 at 8:06 pm

    Property Features for 401 Payson St

    General Information

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

    Building Details

    Architectural style
    Other

    Keller Williams Realty Southwest Associates (970) 247-3840 [email protected]

    Listing agent Colleen Aller (970) 596-0870

    Listing date Apr 19, 2025

    MLS# 823023 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

    Naturita Land Development Opportunity

    This 1.08-acre parcel, comprising 17 lots, presents an opportunity for investors and developers in Naturita, Colorado. The location is near Camp V and bordered by the San Miguel and Delores Rivers. The town of Naturita is part of the State Affordable Housing Fund. The property is positioned for high-density employee housing or a tiny home village. There are water and sewer taps at the lot. Naturita is located 52 miles west of Telluride and 80 miles southeast of Moab, offering access to hiking, mountain biking, and ATV trails. The town dates back to 1881 and features an inn, café, gas station, grocery store, and a motel.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Naturita
    County
    Montrose
    State
    Colorado
    Longitude
    -108.704
    Latitude
    38.3374

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    FAQs

    What type of property is this?
    Land - 1.08-acre parcel ideal for high-density or tiny home development.
    Where is this land located?
    The property is located at 401 Payson St Naturita, CO.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: - Opportunity for $50,000 per door credit for affordable housing development through Proposition 123.; - Potential for State of Colorado grant money for water and sewer infrastructure.; - Existing water and sewer taps at the lot for ease of future infrastructure development.
    (970) 596-0870
    Request Owner's contact information
    401 Payson St Naturita, CO 81422
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    Naturita, CO 81422
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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
    401 Payson St Naturita, CO 81422
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