Silverton CO Tbd 5 & Reese St Silverton, CO 81433
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.
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
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.