2 Government Springs Rd Montrose, CO 81403
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.