Rezonable Mixed-Use Development
For Sale
$550,000
Cactus Street, Cortez, CO 81321
LAND - Cortez, CO
Lot Size5.70 Acres
Days on Market292
Property Features for Cactus Street
General Information
Property type
Land
Property subtype
Other
Directions
Take CO HWY 160 West out of Durango to Cortez. Once in Cortez turn right off Main Street onto Cactus Street. Property across from Walmart.
Standard status
Active
Lot size
5.70 Acres
Listing Agency:
Keller Williams Realty Southwest Associates, LLC
(970) 247-3840
Listed By:
Matthew Arias · License #FA100087897
(970) 749-3977
Added: Oct 13, 2025
Changed: Jun 9
Last Checked: Jul 31 at 5:06AM
MLS# 808602
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Investment Insights
Based on property information with market context.
This offering is a 5.7-acre commercial land parcel in downtown Cortez, Colorado. The property is currently zoned multi-family. The seller is in the process of rezoning to mixed use, with the stated intent to allow both commercial and residential uses. The sale is being offered “AS IS” without further advancement of the planning process.
The parcel is described as being adjacent to Walmart and positioned for access to daily traffic generated by a major retail anchor. No additional site improvements or utilities are described in the provided information.
For developers and investors looking for a larger downtown tract, the current multi-family zoning plus the ongoing mixed-use rezoning process may support a mixed commercial and residential concept, subject to completion of the rezoning. As the offering is explicitly “AS IS” without further planning advancement, buyers should expect to perform their own due diligence regarding entitlements and development feasibility.
The parcel is described as being adjacent to Walmart and positioned for access to daily traffic generated by a major retail anchor. No additional site improvements or utilities are described in the provided information.
For developers and investors looking for a larger downtown tract, the current multi-family zoning plus the ongoing mixed-use rezoning process may support a mixed commercial and residential concept, subject to completion of the rezoning. As the offering is explicitly “AS IS” without further planning advancement, buyers should expect to perform their own due diligence regarding entitlements and development feasibility.
Key Highlights
- 5.7‑acre parcel in downtown Cortez
- Adjacent to Walmart with documented potential for high daily traffic
- Currently zoned multi‑family
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 81321, CO
14,402
Population
6,332
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
419.6 sq mi
ZIP Area
34
Density / Sq Mi
$59,737
Median Household Income
$35,274
Median Earnings
$1,010
Median Rent
$259,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.7-acre downtown Cortez parcel adjacent to Walmart, currently zoned multi-family and in process to rezone to mixed use.
Where is this commercial land located?
The property is located at Cactus Street Cortez, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5.7‑acre parcel in downtown Cortez; Adjacent to Walmart with documented potential for high daily traffic; Currently zoned multi‑family
