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Town Lot Development Land Opportunity
For Sale
$600,000

216 S Commercial Street, Rico, CO 81332

LAND - Rico, CO

Property SizeContact for details
Lot Size0.29 Acres
Days on Market21

Property Features for 216 S Commercial Street

General Information

Property type Land
Property subtype Other
Directions From Hwy 145 Turn East onto King Street. Turn South on Commercial Street Property will be on the East side of the road.
Standard status Active
Lot size 0.29 Acres
Listing Agency: Stacked Real Estate Professionals
Listed By: Amy Lewis
Added: Jul 18 Changed: Jul 23 Last Checked: Aug 7 at 7:06AM
MLS# 837273

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Investment Insights

Based on property information with market context.

For sale is a development-focused land offering on S Commercial Street in Rico, Colorado. The parcel includes five town lots sized 25' by 100', with the stated potential for up to six homesites, configured as five two-lot building sites and one one-lot homesite. The offering is presented as flexible for mountain cabin, vacation rental, or custom home development.

Public remarks note that there are no HOA fees and no covenants. The location is described as surrounded by year-round outdoor recreation, with approximately 30 minutes to Dolores and about 1 1/2 hours to Durango, and a 40-minute drive to Telluride.

This is a land opportunity intended for buyers who want to plan and build within a small set of individually sized lots, with the flexibility outlined in the seller’s configuration notes.

Key Highlights

  • Five 25' x 100' town lots in historic Rico, CO, for potential up to six homesites (five two‑lot sites and one one‑lot site).
  • No HOA fees, no covenants, and no homeowners association reported for this development offering.
  • Mountain development land with access to year‑round outdoor recreation including skiing, hiking, mountain biking, fishing, hunting, and off‑road trails.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 81332, CO

296
Population
315
Households
0.9
Avg Household Size
45
Median Age
54%
College-Educated
100%
High-School Grad
32.0 sq mi
ZIP Area
9
Density / Sq Mi
$117,500
Median Household Income
$50,610
Median Earnings
$1,711
Median Rent
$568,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Five 25' x 100' town lots offer potential for up to six homesites, with no HOA fees or covenants.
Where is this residential land & home lot located?
The property is located at 216 S Commercial Street Rico, CO.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Five 25' x 100' town lots in historic Rico, CO, for potential up to six homesites (five two‑lot sites and one one‑lot site).; No HOA fees, no covenants, and no homeowners association reported for this development offering.; Mountain development land with access to year‑round outdoor recreation including skiing, hiking, mountain biking, fishing, hunting, and off‑road trails.
More about this property
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