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Property profile & analytics
OFF-MARKET
Land

0 1St St Montrose, CO 81401

0.07 ac lot
Property ID
Property summary
AI-generated overview

Three exceptional residential lots are available for purchase in the heart of Montrose, Colorado. These lots, totaling approximately 0.07 to 0.22 acres, present a rare opportunity to build in a highly desirable location. Located on S 1st Street, these properties benefit from convenient proximity to the hospital and downtown area, offering easy access to amenities and services. The lots are zoned B-2, allowing for commercial and multi-family development, presenting flexibility for both residential and potential mixed-use projects. Utilities are readily accessible, and one lot includes a detached garage, mature pear, and blue spruce trees. The absence of covenants or a homeowner's association provides significant freedom in design and development. Individual lot pricing is $75,000, with the option to purchase one, two, or all three lots for a total asking price of $210,010. This presents a unique investment opportunity in a thriving Colorado community within the REDO district. The APN for these properties is 376727232006. Don't miss this chance to secure your piece of Montrose!

Property profile
Verified
Property type Land
Lot 0.07 ac (3,049 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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