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General Commercial Corner Lot
For Sale
$449,000

68671 Vernal Road, Montrose, CO 81403

High-visibility corner commercial lot with zoning for general commercial uses and utilities in place.

Days on Market339

Property Features for 68671 Vernal Road

General Information

Standard status Active
Property subtype Commercial/Industrial
Listing Agency: 20 Sleeps West Real Estate
Listed By: Debra Harmon
Source: Exitrealty
Added: Aug 27, 2025 Changed: Jul 20 Last Checked: Jul 31 at 6:25AM

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 20 Sleeps West Real Estate

Investment Insights

Based on property information with market context.

This 1.76-acre commercial lot is positioned at a hard corner and offers high-visibility access for business use along Highway 550. The property is described as being ready for development, with acceleration and deceleration lanes already installed for access management.

The lot is zoned General Commercial (C), providing versatile use potential. Utilities listed as in place include a Tri-County Water tap, natural gas and 3-phase electric along Vernal/6850 Road, and fiber/telephone along Hwy 550.

Located just south of Montrose at the corner of Highway 550 and Vernal Road, the site is described as having traffic flow with a stated annual average daily traffic figure and a projected increase. Distances provided include approximately 6 miles to Montrose, 17 miles to Ridgway, 29 miles to Ouray, and 51 miles to Telluride.

Key Highlights

  • 1.76‑acre corner commercial lot at Highway 550 and Vernal Road, just south of Montrose.
  • Zoned General Commercial (C) with versatile use potential including retail, services, hospitality, contractor operations, and light industrial.
  • 9,700 Annual Average Daily Traffic (AADT) with projected increase to 11,834 AADT.

Property Analytics

Current Use

Commercial land

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.

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - High-visibility corner commercial lot with zoning for general commercial uses and utilities in place.
Where is this commercial land located?
The property is located at 68671 Vernal Road Montrose, CO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1.76‑acre corner commercial lot at Highway 550 and Vernal Road, just south of Montrose.; Zoned General Commercial (C) with versatile use potential including retail, services, hospitality, contractor operations, and light industrial.; 9,700 Annual Average Daily Traffic (AADT) with projected increase to 11,834 AADT.
More about this property
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