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In-Town Residential Development Land
For Sale
$152,000

821 S Chestnut Street, Cortez, CO 81321

Approximately five acres of residentially zoned land within city limits of Cortez, CO, including an abandoned home.

Property SizeContact for details
Days on Market409

Property Features for 821 S Chestnut Street

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $1,847
Listing Agency: Berkshire Hathaway HomeServices Colorado Properties
Listed By: Gina Nelson
Source: Exitrealty
Added: Jul 13, 2025 Changed: Aug 8 Last Checked: Jul 19 at 2:19AM

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 Berkshire Hathaway HomeServices Colorado Properties

Investment Insights

Based on property information with market context.

This offering is a residential development land parcel totaling approximately five acres within city limits of Cortez, Colorado. The property is currently zoned Single Family Residential (R-1) and includes an older, abandoned home on-site that is described as having no value in the pricing.

The location within town provides access to nearby local infrastructure and utilities, supporting a range of potential residential development uses subject to city approval.

Prospective buyers should review applicable city requirements for any desired changes to the current R-1 zoning and for final development planning.

Key Highlights

  • Approximately 5 acres of residentially zoned land within city limits of Cortez, CO
  • Zoned Single Family Residential (R‑1)
  • Old abandoned home on the property included with the sale

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Grocery & Convenience Store Locksmith

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

572
Businesses Nearby

Demographics for 81321, CO

14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approximately five acres of residentially zoned land within city limits of Cortez, CO, including an abandoned home.
Where is this residential land & home lot located?
The property is located at 821 S Chestnut Street Cortez, CO.
What is the asking price?
The asking price for this property is $152,000.
What are key features of this property?
This property features: Approximately 5 acres of residentially zoned land within city limits of Cortez, CO; Zoned Single Family Residential (R‑1); Old abandoned home on the property included with the sale
More about this property
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