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Property profile & analytics
OFF-MARKET
Land

Silverton CO Tbd 5 & Reese St Silverton, CO 81433

Property ID
Property summary
AI-generated overview

This exceptional offering presents two contiguous 25x100 foot lots totaling 5,000 square feet in Silverton, Colorado's newest neighborhood, Mineral Creek Homes. Located at TBD 5th & Reese St., zip code 81433, this prime property is priced at $360,000, or $72 per square foot. The land is zoned R-2 Multifamily, providing flexibility for various development options. Build a single-family home, duplex, triplex, or even a larger multi-family project like apartments or townhomes. The neighborhood boasts newly constructed infrastructure, including buried utilities, high-speed fiber internet, fresh roads, alleys, and sidewalks – all completed by November, making these lots shovel-ready. This represents a rare opportunity to capitalize on Silverton's significant housing shortage and create your ideal mountain retreat in the heart of the San Juan Mountains. The lots comply with the minimum 5,000 square foot zoning requirement. This development is the largest expansion of residential lots in Silverton, offering a unique chance to be part of a thriving mountain community.

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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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