Cleared Development Land with Flexible
For Sale
$375,000
Sherman Street, Ridgway, CO 81432
LAND, Ridgway, CO
Property SizeContact for details
Lot Size0.25 Acres
Days on Market31
Property Features for Sherman Street
General Information
Property type
Land
Property subtype
Other
Directions
From Telluride Hwy 62 west to mid-town Ridgway to Mary St turn Right/South /Lot is on the West/right side. From Montrose take Hwy 550 S. or Ouray Hwy 550 N. to traffic light at Ridgway turn west on Hwy 62/Sherman to Mary Street turn l/south. Lot on west side of Mary lot on
Standard status
Active
Lot size
0.25 Acres
Listing Agency:
United Country Sneffels Realty
(970) 626-3555
Listed By:
Judi Snelling
(970) 318-8437
Added: Jul 24
Changed: Aug 19
Last Checked: Aug 23 at 3:06AM
MLS# 837467
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This cleared development site consists of two lots totaling approximately 100' by 142'. The property is positioned for a range of residential and compatible light-commercial concepts, with Downtown Service District zoning allowing residential use alongside live/work possibilities.
The parcel is set up to accommodate multiple residential configurations such as two townhomes, two condominium-style residences, or a single larger residence, as well as a live/work concept. With both flexibility and an in-town foundation for planning, the site can support development for builder, developer, investor, or owner-user needs where housing and workspace elements may be combined.
The land is ready for planning, and its two-lot layout provides straightforward development opportunities within the Downtown Service District framework.
The parcel is set up to accommodate multiple residential configurations such as two townhomes, two condominium-style residences, or a single larger residence, as well as a live/work concept. With both flexibility and an in-town foundation for planning, the site can support development for builder, developer, investor, or owner-user needs where housing and workspace elements may be combined.
The land is ready for planning, and its two-lot layout provides straightforward development opportunities within the Downtown Service District framework.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 81432, CO
3,061
Population
2,058
Households
1.5
Avg Household Size
54
Median Age
56%
College-Educated
99%
High-School Grad
300.4 sq mi
ZIP Area
10
Density / Sq Mi
$87,547
Median Household Income
$46,643
Median Earnings
$1,469
Median Rent
$771,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Cleared two-lot parcel with Downtown Service District zoning supporting residential and compatible light commercial or live/work use.
Where is this residential land & home lot located?
The property is located at Sherman Street Ridgway, CO.
What is the asking price?
The asking price for this property is $375,000.
