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    Mayfly Dr Montrose, CO 80918

    For Sale
    $6,850,942

    COMMERCIAL - Montrose, CO

    Lot size:
    11.23 Acres
    Days on Market:
    81
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for Mayfly Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    3767-282-39-037
    Lot size
    11.23 Acres

    COLDWELL BANKER DISTINCTIVE PROPERTIES (970) 243-0456

    Listing agent Kelsay Heath (970) 589-0150

    Listing date Sep 25, 2025

    Overview

    Prime Riverfront Land Opportunity

    This 11.23-acre property, known as Outlot C, is located in Montrose, CO. The site is described as the crown jewel of Colorado Outdoors, offering substantial riverfront land suitable for various development projects. The property's size and location present opportunities for master-planned communities, large recreational facilities, or mixed-use districts. The location offers unmatched incentives, making it a development opportunity in the Western Slope for developers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.8979054
    Latitude
    38.48657034

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    FAQs

    What type of property is this?
    Land - 11.23 acres of riverfront land with development potential.
    Where is this land located?
    The property is located at Mayfly Dr Montrose, CO.
    What is the asking price?
    The asking price for this property is $6,850,942.
    What are key features of this property?
    This property features: - 11.234 acres of **prime riverfront land**.; - Enormous site with potential for master-planned communities.; - Suitable for large recreational facilities.
    (970) 589-0150
    Request Owner's contact information
    Mayfly Dr Montrose, CO 80918
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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
    Mayfly Dr Montrose, CO 80918
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