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    Tbd Oxbow Dr Montrose, CO 81401

    For Sale
    $1,200,000

    Land, Other - Montrose, CO

    Lot size:
    1.74 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for Tbd Oxbow Dr

    General Information

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

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Shawn Carroll (970) 258-9300 License #EI40000042,PersonLicenseNumber

    Listing date Oct 24, 2025

    MLS# 829430 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

    Montrose Development Opportunity

    This 1.7-acre development site in Montrose, Colorado, is shovel-ready with a city-approved permit for a 26-unit apartment complex that includes two main-level commercial spaces. The property is located across from the Montrose Recreation Center and is within walking distance of shops, restaurants, an elementary school, and the bike path. The building permit, issued under the 2003 code, must be picked up by February 2026. This location offers year-round outdoor recreation and milder Colorado weather.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.86253357
    Latitude
    38.44773102

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    FAQs

    What type of property is this?
    Commercial land - 1.7-acre development site with approved permit for 26-unit apartment.
    Where is this commercial land located?
    The property is located at Tbd Oxbow Dr Montrose, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - City-approved permit for a 26-unit apartment complex with two commercial spaces.; - Prime 1.7-acre shovel-ready development site.; - Excellent location across from the Montrose Recreation Center.
    (970) 258-9300
    Request Owner's contact information
    Tbd Oxbow Dr 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

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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
    Tbd Oxbow Dr Montrose, CO 81401
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