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    167 Gunnison River Dr Delta, CO 81416

    For Sale
    $209,888

    1.93 Acres, B-2 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.93-acre commercial land parcel presents a remarkable development opportunity in Delta, Colorado. Strategically located on the new Confluence Drive/truck bypass, this property boasts prime business frontage, ensuring high visibility and accessibility. The B-2 zoning allows for a variety of uses, including multi-family residential development, maximizing investment potential. Situated near the Bill Heddles Recreation Center and Confluence Park, this location benefits from existing infrastructure and a thriving commercial hub. The property's convenient access to Highway 50 via a signalized intersection further enhances its appeal. Utilities are readily available, simplifying the development process. This offering is further enhanced by its designation as an Opportunity Zone, providing significant tax advantages. The seller may consider owner financing for a qualified buyer. This is an exceptional chance to capitalize on the growth and potential of Delta, Colorado. The property's APN is 345713110002. The asking price is $209,888.

    Property Features for 167 Gunnison River Dr

    General Information

    Property type
    Land
    Lot Size
    84,071 SF

    HighLights

    • Opportunity Zone designation with potential seller financing.
    • Excellent location on Confluence Drive/truck bypass, providing high visibility and accessibility.
    • B‑2 zoning allowing multi‑family residential development.
    • Utilities readily available.
    • High development potential on a 1.93‑acre parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delta
    County
    Delta
    State
    Colorado
    Longitude
    -108.0750844
    Latitude
    38.7494341

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    FAQs

    What type of property is this?
    Land - 1.93 Acres, B-2 Zoning, High Visibility
    Where is this land located?
    The property is located at 167 Gunnison River Dr Delta, CO.
    What is the asking price?
    The asking price for this property is $209,888.
    What are key features of this property?
    This property features: Opportunity Zone designation with potential seller financing.; Excellent location on Confluence Drive/truck bypass, providing high visibility and accessibility.; B-2 zoning allowing multi-family residential development.
    (970) 249-5001
    Request Owner's contact information
    167 Gunnison River Dr Delta, CO 81416
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    Delta, CO 81416
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    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
    167 Gunnison River Dr Delta, CO 81416
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