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Two Rivers Development Opportunity
For Sale
$275,000

164 Southside, Salida, CO 81201

Residential lot zoned for multi-unit development in Salida, Colorado.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market220

Property Features for 164 Southside

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,212

Amenities

Level
Paved
Listing Agency: Pinon Real Estate Group LLC
Listed By: K. HALE CAMP · License #FA100025035
Source: Corcoran
Added: Jan 22 Changed: Aug 8 Last Checked: Aug 29 at 8:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinon Real Estate Group LLC

Investment Insights

Based on property information with market context.

Located in the Two Rivers neighborhood, this 11,079 square foot lot is zoned R-3 and allows for the construction of up to 5 attached units under the City of Salida Land Use Code. The property benefits from the original developer having met both the Inclusionary Housing and Open Space requirements. Specifically, Two Rivers satisfied the Inclusionary Housing requirement at the time of development, meaning there is no Inclusionary Housing requirement or Fee in Lieu due as part of the build plan for this lot. Additionally, Two Rivers provides a pedestrian and biking bridge/trail system along the South Arkansas River with approximately 6 acres of open space, satisfying the city's Open Space Requirement and resulting in a $10,000 savings per buildable unit for the builder/buyer. Two Rivers emphasizes sustainability, including varied, natural building materials. The community is designed as a multi-faceted walkable area, featuring residential neighborhoods and a mixed-use commercial area with a cocktail lounge, restaurant, coffee shop, bakery, EV charging stations, and professional offices along the South Arkansas River. The property is located at the confluence of the Arkansas and South Arkansas Rivers. The property is suitable for multi-unit development.

Key Highlights

  • Multi‑unit development opportunity in the popular Two Rivers neighborhood.
  • Zoned R‑3, allowing up to 5 attached units on an 11,079 sf lot.
  • Inclusionary Housing requirements already met, resulting in significant savings.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Hotel & Motel Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 81201, CO

9,128
Population
5,407
Households
1.7
Avg Household Size
51
Median Age
52%
College-Educated
97%
High-School Grad
400.6 sq mi
ZIP Area
23
Density / Sq Mi
$70,850
Median Household Income
$41,244
Median Earnings
$1,614
Median Rent
$631,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned for multi-unit development in Salida, Colorado.
Where is this residential land & home lot located?
The property is located at 164 Southside Salida, CO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Multi‑unit development opportunity in the popular Two Rivers neighborhood.; Zoned R‑3, allowing up to 5 attached units on an 11,079 sf lot.; Inclusionary Housing requirements already met, resulting in significant savings.
More about this property
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