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    L1 Government Springs Rd Montrose, CO 81403

    • Land
    • 55.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for L1 Government Springs Rd

    Lot size
    55.00 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Ouray
    State
    Colorado
    Longitude
    -107.878
    Latitude
    38.2997

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    L1 Government Springs Rd
    Montrose, CO 81403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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