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Commercial Land Corner Lot
For Sale
$449,000

68671 Vernal Road, Montrose, CO 81403

LAND - Montrose, CO

Property SizeContact for details
Lot Size1.76 Acres
Days on Market344

Property Features for 68671 Vernal Road

General Information

Property type Land
Property subtype Other
Directions South on Highway 550 approximately 7 miles (from stoplight by Target) to Vernal Road (on West side). Subject property is on the corner of Hwy 550 and Vernal Road.
Standard status Active
Lot size 1.76 Acres
Listing Agency: 20 Sleeps West Real Estate
Listed By: Debra Harmon
Added: Aug 27, 2025 Changed: Aug 2 Last Checked: Aug 5 at 9:06AM
MLS# 827909

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.

Position your business for success with this high-visibility 1.76-acre commercial lot at the corner of Highway 550 and Vernal Road, just south of Montrose. The parcel offers hard-corner exposure on a high-traffic southbound corridor serving the growing communities of Ouray and Telluride while maintaining direct access to Montrose.

Traffic and visibility are a key advantage, with 9,700 Annual Average Daily Traffic (AADT) currently passing the location and a projected increase to 11,834 AADT. Acceleration and deceleration lanes are already installed to support safe, easy access.

The property is zoned General Commercial (C), providing versatile use potential including retail, services, hospitality, contractor operations, and light industrial. Utilities are in place, including a Tri-County Water tap installed, natural gas and 3-phase electric along Vernal/6850 Road, and fiber/telephone along Hwy 550. Distances to nearby markets include 6 miles to Montrose, 17 miles to Ridgway, 29 miles to Ouray, and 51 miles to Telluride.

Key Highlights

  • 1.76‑acre commercial lot at the corner of Highway 550 and Vernal Road south of Montrose
  • 9,700 AADT currently; projected increase to 11,834 AADT
  • Acceleration and deceleration lanes already installed for access

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.

Lease Details

9,700 VPD
Traffic count
Yes
Heavy power
Yes
Highway access
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot zoned General Commercial (C) at a highway corner with 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 commercial lot at the corner of Highway 550 and Vernal Road south of Montrose; 9,700 AADT currently; projected increase to 11,834 AADT; Acceleration and deceleration lanes already installed for access
More about this property
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