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Property profile & analytics
OFF-MARKET
Land

5th & Snowden Silverton Co Silverton, CO 81433

Property ID
Property summary
AI-generated overview

This exceptional opportunity presents two contiguous 25x100 foot lots totaling 5,000 square feet in Silverton, Colorado's newest neighborhood, Mineral Creek Homes. Located in the heart of the San Juan Mountains, this prime real estate is zoned R-2 Multifamily, offering unparalleled flexibility for development. Build a single-family home, duplex, triplex, or even a larger multi-family project like apartments or townhomes. The land boasts a land value of $72 per square foot, reflecting its desirability and potential. The neighborhood features brand new infrastructure, including buried utilities, high-speed fiber internet, fresh roads, alleys, and sidewalks, ensuring a shovel-ready experience by November. This represents a rare chance to capitalize on Silverton's significant housing shortage and create your ideal mountain retreat in a stunning location. The lots comply with the 5,000 square foot minimum per build site zoning requirement. This is a unique opportunity to establish a presence in a thriving mountain community with exceptional amenities and breathtaking scenery. Don't miss this chance to build your dream in the heart of the San Juans. The asking price for both lots is $360,000.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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