0 Montrose Dr Montrose, CO 81401
This exceptional 2-acre (more or less) commercial lot presents a remarkable development opportunity in Montrose, Colorado's thriving South Townsend corridor. Boasting over 250 feet of frontage on South Townsend Avenue, a busy arterial with over 28,000 vehicles daily, this property offers unparalleled visibility and accessibility. Its strategic location places it within a vibrant retail and restaurant destination, surrounded by established businesses such as City Market, Home Depot, Hobby Lobby, and more. Zoned B-2 (Highway Commercial District), this lot is perfectly suited for a large-scale commercial building or development, including ample parking. All utilities are readily available nearby. This property presents a unique chance to contribute to the future of Montrose's commercial landscape. The seller is open to exploring various options, including potential land lease agreements, build-to-suit arrangements, and owner financing under favorable terms. An adjacent 1-acre (more or less) lot is also available for separate negotiation. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The asking price for this exceptional 2-acre lot is $950,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.