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    2 Government Springs Rd Montrose, CO 81403

    • Land
    • 111.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Government Springs Rd

    Lot size
    111.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 111-acre commercial ranch property, located in Montrose, Colorado, presents a unique investment opportunity. Situated in the desirable Ouray County, near Government Springs Road (zip code 81403), this expansive land boasts rolling topography, seasonal creeks and ponds, and a recent brush thinning treatment for fire mitigation. The property features a mix of ancient Ponderosa pines, along with Pinion, Juniper, and Oak brush, scattered throughout lush meadows and draws. Wildlife is abundant, with elk, deer, moose, turkey, bear, and mountain lion roaming the area. Enjoy breathtaking views of the San Juan, Cimarron, and West Elk Mountains. Access is year-round via paved county roads and private, gated gravel roads. Utilities are readily available, with direct access to power and natural gas. The property's convenient location offers proximity to recreational activities, including the nearby Cornerstone Club's 18-hole Greg Norman golf course. Less than 30 minutes from Montrose Regional Airport (with flights to major US cities), and under an hour from Telluride's ski slopes and Ouray's ice climbing, this property offers unparalleled convenience and access to outdoor recreation. The asking price for this remarkable property is $1,437,000. This legacy ranch represents an unparalleled opportunity for a family retreat, investment, or seasonal getaway in the heart of Western Colorado.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Ouray
    State
    Colorado
    Longitude
    -107.878
    Latitude
    38.2997

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    2 Government Springs Rd
    Montrose, CO 81403
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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
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