Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Montrose Dr Montrose, CO 81401

    For Sale
    $950,000

    Prime 2-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2-acre (more or less) commercial lot presents a remarkable development opportunity in Montrose, Colorado's thriving South Townsend corridor. Boasting over 250 feet of frontage on South Townsend Avenue, a busy arterial with over 28,000 vehicles daily, this property offers unparalleled visibility and accessibility. Its strategic location places it within a vibrant retail and restaurant destination, surrounded by established businesses such as City Market, Home Depot, Hobby Lobby, and more. Zoned B-2 (Highway Commercial District), this lot is perfectly suited for a large-scale commercial building or development, including ample parking. All utilities are readily available nearby. This property presents a unique chance to contribute to the future of Montrose's commercial landscape. The seller is open to exploring various options, including potential land lease agreements, build-to-suit arrangements, and owner financing under favorable terms. An adjacent 1-acre (more or less) lot is also available for separate negotiation. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The asking price for this exceptional 2-acre lot is $950,000.

    Property Features for 0 Montrose Dr

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre level lot ideal for development in Montrose's thriving S Townsend Corridor, experiencing 28,000+ daily vehicle counts.
    • High visibility and convenient access from S Townsend Ave and Montrose Dr.
    • Prime location near major retailers including Walmart, Home Depot, and others.
    • Utilities readily available.
    • B‑2 zoning in the City of Montrose.
    • Flexible financing options including land lease, build‑to‑suit, and owner financing considered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.86609345851
    Latitude
    38.465732743574

    Nearby Similar for Sale

    • $570,000
      1,308 SF

      Downtown Montrose Restaurant Opportunity

      Turnkey restaurant property in downtown Montrose with outdoor seating.
      1047 N 1St St, Montrose, CO 81401
      View Details
    • $570,000
      1,308 SF

      Downtown Montrose Restaurant Opportunity

      Turnkey restaurant property in downtown Montrose with outdoor seating.
      1047 N 1St St, Montrose, CO 81401
      View Details
    • $696,000
      2,740 SF

      Duplex with Irrigated Farmland

      Duplex on 12.89 acres with heated workshop and farmland.
      62915 Spring Creek Rd, Montrose, CO 81403
      View Details
    • $575,000
      2,817 SF

      Downtown Montrose Commercial Property

      Prime commercial building in downtown Montrose with historic charm.
      308 E Main St, Montrose, CO 81401
      View Details
    • $460,000
      1,843 SF

      Montrose Multi-Use Live/Work Property

      2.71 acres, B-3 zoning, live/work potential, highway access.
      12309 6300 Rd, Montrose, CO 81401
      View Details
    • $670,000
      3,284 SF

      Downtown Montrose Restaurant Opportunity

      3,284 SF restaurant with equipment included in downtown Montrose.
      647 E Main St, Montrose, CO 81401
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Montrose Dr Montrose, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 2-acre level lot ideal for development in Montrose's thriving S Townsend Corridor, experiencing 28,000+ daily vehicle counts.; High visibility and convenient access from S Townsend Ave and Montrose Dr.; Prime location near major retailers including Walmart, Home Depot, and others.
    (970) 249-5001
    Request Owner's contact information
    Montrose Dr Montrose, CO 81401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Montrose Dr
    Montrose, CO 81401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Montrose Dr Montrose, CO 81401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.