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Property profile & analytics
OFF-MARKET
Land

0 Tbd Commercial Way Montrose, CO 81401

0.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .63-acre commercial lot presents a unique investment opportunity in Montrose, Colorado. Located on TBD Commercial Way, this property boasts a prime location adjacent to the Quality Inn, within a well-established commercial area in southwest Montrose. The B-3 zoning allows for a wide range of uses, including office, retail, multi-family dwellings, and automotive businesses, although restaurants are excluded. Shared parking is available, and essential utilities such as water, sewer, and electricity are readily accessible. The property is subject to existing covenants. This lot offers convenient access via Odelle Road, with entrance through the shared parking area. Seller financing options may be available to facilitate the design and construction of your new building. This represents one of the most competitively priced commercial lots currently on the market, making it an attractive proposition for developers and investors alike. The APN is 399304261005. The zip code is 81401.

Property profile
Verified
Property type Land
Lot 0.63 ac (27,443 SF)
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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