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    Woodgate Rd Montrose, CO 81401

    For Sale
    $774,888

    Prime Montrose commercial lot, 1.22 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.22-acre (more or less) commercial lot presents a remarkable development opportunity in Montrose, Colorado's thriving South Townsend Corridor. Strategically located one block east of South Townsend Avenue/Highway 550, this property boasts exceptional visibility and accessibility from Woodgate and Odelle Roads, benefiting from over 28,000 daily vehicles. Part of the established Alpine Bank Business Park, the lot enjoys proximity to a variety of major retail and dining establishments, including City Market, Denny's, Starbucks, Qdoba, McDonald's, Quality Inn & Suites, and Alpine Bank. The B-2 Highway Commercial zoning designation within the City of Montrose makes it ideal for a shopping and business center serving the city and surrounding areas. All utilities are readily available at the lot. Infrastructure is already in place, including streets, gutters, and fire hydrants. This level lot is ready for immediate development, offering a chance to capitalize on Montrose's growing commercial sector and its proximity to other major retailers such as Walmart, Home Depot, Hobby Lobby, Natural Grocers, Chili's, and Applebee's. The asking price is $774,888. Don't miss this chance to shape the future of Montrose's commerce.

    Property Features for 0 Woodgate Rd

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • 1.22‑acre level lot ready for development in Montrose's South Townsend Corridor, boasting over 28,000 daily vehicles.
    • Excellent visibility and accessibility from Woodgate and Odelle Roads.
    • Prime location near major retailers including Walmart, Home Depot, and Hobby Lobby.
    • All utilities available on‑site.
    • Situated within the established Alpine Bank Business Park.
    • Existing infrastructure includes streets, gutters, and fire hydrants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montrose
    County
    Montrose
    State
    Colorado
    Longitude
    -107.86444288712
    Latitude
    38.454496299077

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    FAQs

    What type of property is this?
    Land - Prime Montrose commercial lot, 1.22 acres.
    Where is this land located?
    The property is located at Woodgate Rd Montrose, CO.
    What is the asking price?
    The asking price for this property is $774,888.
    What are key features of this property?
    This property features: 1.22-acre level lot ready for development in Montrose's South Townsend Corridor, boasting over 28,000 daily vehicles.; Excellent visibility and accessibility from Woodgate and Odelle Roads.; Prime location near major retailers including Walmart, Home Depot, and Hobby Lobby.
    (970) 249-5001
    Request Owner's contact information
    Woodgate Rd Montrose, CO 81401
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    Montrose, CO 81401
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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
    Woodgate Rd Montrose, CO 81401
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