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

    6Th St Gunnison, CO 81230

    For Sale
    $425,000

    Prime Gunnison land, 7-unit potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.527-acre property in Gunnison, Colorado, presents a remarkable opportunity for multifamily development. Located on S 6th St, 81230, this R3-zoned lot boasts convenient access from both the street and an alley, making it ideal for a high-density project. All extensive preliminary site work and entitlements have been completed by the current owner, a seasoned developer/builder, significantly streamlining the development process. The property's location offers future residents easy access to downtown Gunnison's amenities, including restaurants, shops, and parks. Current plans allow for up to seven residential units, making this a prime investment for developers seeking to capitalize on Gunnison's growing housing demand. Whether envisioning a rental portfolio, a townhome community, or a custom residential project, this property provides the location, flexibility, and preparation to bring your vision to fruition. This is a chance to contribute to Gunnison's vibrant residential landscape. The asking price is $425,000.

    Property Features for 0 6Th St

    General Information

    Property type
    Multifamily properties
    Lot Size
    22,956 SF

    HighLights

    • $425,000 asking price for a multifamily development opportunity.
    • 0.527‑acre lot located in Gunnison, CO.
    • R3 zoning allows for higher‑density development, currently platted for townhomes.
    • Pre‑approved plans for up to seven residential units; all preliminary site work and entitlements are complete.
    • Convenient access from S 6th Street and an alley.
    • Minutes from Gunnison's downtown amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Map

    City
    Gunnison
    County
    Gunnison
    State
    Colorado
    Longitude
    -106.94269363387
    Latitude
    38.541849455578

    Nearby Similar for Sale

    • $1,650,000
      2,396 SF

      Gunnison Commercial/Industrial Property with Residence

      2+ acres with shop, yard, and renovated 4-bedroom home.
      43950 Us Highway 50, Gunnison, CO 81230
      View Details
    • $1,800,000
      3,534 SF

      Mixed-Use Property in Gunnison, CO

      Versatile commercial space with two residential units in Gunnison.
      322 N Main St, Gunnison, CO 81230
      View Details
    • $865,000
      3,841 SF

      Historic Victorian Fiveplex Near University

      Victorian fiveplex near Western Colorado University with strong rental history.
      518 E Georgia Ave, Gunnison, CO 81230
      View Details
    • $875,000
      4,971 SF

      Gunnison Office Building For Sale

      Spacious office building in Gunnison's Core Business District.
      130 E Virginia Ave, Gunnison, CO 81230
      View Details
    • $1,995,000
      6,000 SF

      Secluded Ranch Surrounded by Forest

      160-acre ranch with creek, dwellings, equestrian facilities, and mountain views.
      663 County Road 24Uu, Gunnison, CO 81230
      View Details
    • $320,000
      597 SF

      Charming Condo Near Downtown Gunnison

      One-bedroom condo near downtown, perfect for living or investment.
      1314 W Tomichi Ave, Gunnison, CO 81230
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Gunnison land, 7-unit potential.
    Where is this multifamily property located?
    The property is located at 6Th St Gunnison, CO.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: $425,000 asking price for a multifamily development opportunity.; 0.527-acre lot located in Gunnison, CO.; R3 zoning allows for higher-density development, currently platted for townhomes.
    (970) 275-8022
    Request Owner's contact information
    6Th St Gunnison, CO 81230
    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.
    6Th St
    Gunnison, CO 81230
    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
    6Th St Gunnison, CO 81230
    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.