Naturita Land: Development
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401 Payson St, Naturita, CO 81422
1.08-acre parcel ideal for affordable housing development in Naturita, CO.
Property SizeContact for details
Lot Size1.08 Acres
Days on Market878
Property Features for 401 Payson St
General Information
Standard status
Active
Lot size
1.08 Acres
Property subtype
Land
Zoning
Residential
Listing Agency:
Keller Williams Realty Southwest Associates, LLC
(970) 901-7018
Listed By:
Colleen Aller · License #FA 100097828
Source:
Crexi
Added: Mar 15, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:41AM
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 Keller Williams Realty Southwest Associates, LLC
Investment Insights
Based on property information with market context.
This 1.08-acre parcel, consisting of 17 lots, presents an opportunity for investors and developers in Naturita, Colorado. The town is seeking affordable housing solutions and participates in the State Affordable Housing Fund, offering a $50,000 credit per door for qualifying developments utilizing Proposition 123. There is also potential for State of Colorado grant money for water and sewer infrastructure, and the property currently has water and sewer taps. The location is advantageous, with an employee shuttle connecting Naturita to Telluride. The property is near Camp V and bordered by the San Miguel and Delores Rivers. It is suitable for high-density employee housing or a tiny home village. Naturita is located 52 miles west of Telluride and 80 miles southeast of Moab, offering access to hiking, mountain biking, ATV adventures, and hunting. The historic town, dating back to 1881, provides amenities such as an inn, café, gas station, grocery store, and motel.
Key Highlights
- $50,000 per door credit available for affordable housing development through Proposition 123.
- Potential for State of Colorado grant money for water and sewer infrastructure.
- Water and sewer taps already at the lot for easy infrastructure development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 81422, CO
539
Population
276
Households
2
Avg Household Size
48
Median Age
6%
College-Educated
87%
High-School Grad
244.3 sq mi
ZIP Area
2
Density / Sq Mi
$28,021
Median Household Income
$38,125
Median Earnings
$836
Median Rent
$169,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.08-acre parcel ideal for affordable housing development in Naturita, CO.
Where is this residential land & home lot located?
The property is located at 401 Payson St Naturita, CO.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: $50,000 per door credit available for affordable housing development through Proposition 123.; Potential for State of Colorado grant money for water and sewer infrastructure.; Water and sewer taps already at the lot for easy infrastructure development.
