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    68671 Vernal Rd Montrose, CO 81403

    For Sale
    $449,000

    Commercial - Montrose, CO

    Lot size:
    1.76 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 68671 Vernal Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.76 Acres

    Building Details

    Architectural style
    Other

    20 Sleeps West Real Estate (970) 901-8997 [email protected]

    Listing agent Debra Harmon (970) 901-8997

    Listing date Aug 27, 2025

    MLS# 827909 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

    High-Visibility Commercial Lot on Highway

    This 1.76-acre commercial lot is located at the corner of Highway 550 and Vernal Road, just south of Montrose. The property is zoned General Commercial (C), offering versatile use potential including retail, services, hospitality, contractor operations, and light industrial. It benefits from high visibility on a busy southbound corridor, making it suitable for companies serving the communities of Ouray and Telluride, while maintaining direct access to Montrose’s market. The location experiences 9,700 Annual Average Daily Traffic (AADT), with a projected increase to 11,834 AADT. Acceleration and deceleration lanes are already installed, ensuring safe and easy access. Utilities in place include a Tri-County Water tap installed, natural gas and 3-phase electric along Vernal/6850 Road, and fiber/telephone along Hwy 550. The property is positioned as a major commercial hub for traffic arriving from Ridgway, Ouray, and Telluride. Montrose is a regional hub for commerce and recreation, featuring a modern airport, expanding health care infrastructure, a vibrant manufacturing base, and a new recreation center. The property is located 6 miles to Montrose, 17 miles to Ridgway, 29 miles to Ouray, and 51 miles to Telluride.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Department Store Storage Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8041569
    Latitude
    38.3599701

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    FAQs

    What type of property is this?
    Commercial land - 1.76-acre commercial lot with highway frontage near Montrose, Colorado.
    Where is this commercial land located?
    The property is located at 68671 Vernal Rd Montrose, CO.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - High-visibility 1.76-acre commercial lot at the corner of Highway 550 and Vernal Road, offering unmatched exposure.; - Strategic location on a busy southbound corridor serving Ouray and Telluride, with direct access to Montrose.; - Strong traffic flow with 9,700 AADT and projected increase to 11,834 AADT.
    (970) 901-8997
    Request Owner's contact information
    68671 Vernal Rd Montrose, CO 81403
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    Montrose, CO 81403
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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
    68671 Vernal Rd Montrose, CO 81403
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