753 37 8/10 Rd Palisade, CO 81526

This exceptional 12.83-acre property in Palisade, Colorado, presents a unique investment opportunity. Located at 753 37 8/10 Road, less than half a mile from I-70, this land comprises three parcels (7.12 acres, 2.5 acres, and 3.21 acres). The largest parcel is zoned Agricultural, Forestry, Transitional, and features a 5,200-square-foot peach packing shed constructed in 2008, complete with cold storage and loading bays. The remaining parcels are agriculturally zoned. The property boasts excellent water rights and a history of high-yielding peach production. Town of Palisade water and sewer services are readily available. Current zoning permits 2.5 units per acre for single-family residential detached homes, with upper-story residential also permitted. Most non-residential uses are conditional upon approvals, while wineries, tasting rooms, and bed and breakfasts are permitted by right. Rezoning for higher density is possible through a Planned Unit Development, requiring a subdivision application with the Town of Palisade. Situated in the thriving town of Palisade, known for its peaches, wineries, and tourism, this property offers significant potential for continued agricultural use or redevelopment into a higher-density residential or mixed-use project. The property's prime location, excellent infrastructure, and strong market demand make it an attractive investment in a desirable area of Western Colorado. The asking price is $2,900,000, representing a price per acre of $226,000. The APN is 2937-092-00-065.