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Residential Building Lot with Water Tap
For Sale
$340,000

TBD Lot 2 Vernal Road, Montrose, CO 81403

LAND, Montrose, CO

Property SizeContact for details
Lot Size4.21 Acres
Days on Market129

Property Features for TBD Lot 2 Vernal Road

General Information

Property type Land
Property subtype Other
Directions Hwy 550 South of Montrose, Right on Vernal Road, Property on Right
Standard status Active
Lot size 4.21 Acres
Listing Agency: NextHome Virtual
Listed By: Shawn Carroll · License #ER40000042
Added: Apr 19 Changed: Aug 19 Last Checked: Aug 25 at 9:06PM
MLS# 833693

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 level 4.21-acre residential building lot offers a straightforward build site with utilities available at the property line and an installed Tri-County water tap. The parcel is accessed off a paved road and includes natural gas, electricity, and Elevate fiber at the boundary. The property is also described as having flexible, minimal covenants supporting both a primary residence and an additional secondary suite.

The covenants allow for a primary residence with a 1,700-square-foot minimum, plus a secondary “mother-in-law” suite. VRBO rentals are permitted, and the lot supports hobby-farm use, including livestock and 4H projects. Buyers also have room for two additional outbuildings, with the property framed by panoramic mountain views as described in the remarks.

For buyers looking for a rural home base near Montrose, this site combines level terrain with ready access to key services, including water availability already addressed via the paid and installed tap. The flexible covenant structure and allowance for both an additional suite and VRBO use may appeal to owner-operators seeking an adaptable residential setup, as well as hobby farmers and outdoor enthusiasts planning for outbuildings and livestock.

Key Highlights

  • 4.21‑acre level building lot about 10 minutes south of Montrose
  • Located off a paved road with natural gas and electricity at the property line
  • Elevate fiber available at the property line

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Electrical Service Building Supply Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Storage Facility

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 81403, CO

11,987
Population
5,355
Households
2.2
Avg Household Size
49
Median Age
35%
College-Educated
93%
High-School Grad
505.7 sq mi
ZIP Area
24
Density / Sq Mi
$73,636
Median Household Income
$40,789
Median Earnings
$1,335
Median Rent
$481,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Level 4.21-acre lot off a paved road with installed water tap and utilities at the property line.
Where is this agricultural land / farmland located?
The property is located at TBD Lot 2 Vernal Road Montrose, CO.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 4.21‑acre level building lot about 10 minutes south of Montrose; Located off a paved road with natural gas and electricity at the property line; Elevate fiber available at the property line
More about this property
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