L1 Government Springs Rd Montrose, CO 81403
This exceptional 55-acre commercial land parcel presents a unique investment opportunity in Montrose, Colorado. Located at TBD Aspen L1 Government Springs Rd, 81403, this property boasts breathtaking views of the San Juan, Cimarron, and West Elk Mountains. The land features rolling topography, approximately half a mile of seasonal Dolores Creek frontage, and several small mountain springs. Recent brush thinning has been completed for fire mitigation. The property is well-treed with a mix of pinion, juniper, ponderosa, aspen, and cottonwood trees. Access is year-round via paved county roads and private, gated gravel roads. Utilities are readily available, with direct access to power and natural gas. The property is conveniently located near the Cornerstone Club, an 18-hole Greg Norman golf course. Its proximity to Montrose Regional Airport (under 30 minutes) offers easy access to major cities, including Denver, Dallas, Chicago, and more, with direct flights from Boston, Denver, Dallas, Chicago, Houston, Los Angeles, Phoenix, New York, San Francisco, and Charlotte. Outdoor enthusiasts will appreciate the nearby recreational opportunities, including Telluride ski slopes (less than an hour away) and Ouray's ice climbing. Wildlife is abundant, with elk, deer, moose, turkey, bear, and mountain lion roaming the area. This property is ideal for a variety of commercial ventures, offering a blend of natural beauty, accessibility, and investment potential in the heart of Western Colorado. The asking price is $689,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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