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Property profile & analytics
OFF-MARKET
Land

104 Sawtooth St Montrose, CO 81403

Property ID
US13-1744867
Property summary
AI-generated overview

Exceptional opportunity to acquire a 40,946 square foot residential lot in Colona, Colorado. This Ouray County property boasts a desirable residential zoning designation, making it ideal for future development of multiple residential lots. The land is conveniently located, offering easy access to Montrose (15 minutes), Ridgway State Park (10 minutes), and Telluride (under an hour). Enjoy breathtaking views of the San Juan Mountains to the south and the impressive Castle Rock and Storm King Mountains to the east. The property benefits from a level grade and excellent access to utilities, including fiber optic internet. Currently situated on the land is a three-bedroom, two-bathroom mobile home and a large detached garage/workshop. The moderate climate, cooler than Montrose and warmer than Ridgway, adds to the property's appeal. Outdoor enthusiasts will appreciate the proximity to Buckhorn Lakes Park. The asking price for this unique property is $790,000. The current tenant occupies the mobile home on a month-to-month lease.

Property profile
Verified
Property type Land
UPID US13-1744867
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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