7 Mayfly Dr Montrose, CO 81401
- Land
- 4.60 lot acres
Current Use by Public Records
- Land
Property Details for 7 Mayfly Dr
- Lot size
- 4.60 lot acres
- Property type
- Land
Description
This exceptional 4.604-acre commercial lot (APN 376728243004) in Montrose, Colorado (81401), is ideally situated on Lot 7 Mayfly Drive. Boasting excellent visibility and access, this flat parcel presents a unique opportunity for developers. The property is conveniently located across from a river and bike path, offering attractive surroundings. No open space or water detention requirements exist due to prior mitigation efforts, simplifying development. This shovel-ready lot features cross-access parking and benefits from its location within the Montrose Opportunity Zone, Rural Enterprise Zone, and Montrose Urban Renewal Authority (MURA) boundaries, making it eligible for various state and local incentives. The surrounding area is experiencing significant growth, with nearby developments including the Montrose White Water Park, the new Montrose Rotary Amphitheater, Basecamp Apartments, the future Shelter Distillery headquarters, and the currently under-construction Fairfield by Marriott and Colorado Outdoors Medical Center. This property is the largest available parcel on the Colorado Outdoors Campus and is offered for sale as a 1031 exchange opportunity at $2,807,700. The I-1 zoning provides flexibility for a variety of commercial uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Montrose
- County
- Montrose
- State
- Colorado
- Longitude
- -107.892
- Latitude
- 38.4855
