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    OFF-MARKET
    Commercial real estate

    1156 Mustang Ln, Delta, CO 81416

    1,740 SF 183 ac lot
    Property ID
    US13-2172728
    Property summary
    AI-generated overview

    Exceptional investment opportunity: West Winds Airpark, a private residential airpark nestled at the foot of Colorado's Grand Mesa, near Delta. This remarkable property encompasses 183± acres, including a 1,740 sq ft, 3-bedroom, 2-bathroom residence with a detached garage/shop. A substantial 3,240 sq ft hangar features a second floor, a ¾ bath, and ample storage. The airpark boasts a 4,000± foot paved runway with an additional 800± feet of dirt runway, offering significant expansion potential. The property includes six ready-to-sell 1.7± acre lots in Phase I, providing immediate income generation. A recorded Planned Unit Development (PUD) with Phase I complete allows for future development of the remaining 165± acres. Located just 32 miles from Grand Junction and 22 miles from Montrose, West Winds Airpark enjoys Delta's mild climate and proximity to numerous outdoor recreational activities, including Black Canyon of the Gunnison National Park and the Gunnison River. The property's APN is 345708301005 and is zoned A1, B2, B3, and IR. Asking price is $2,995,000. This unique offering presents a compelling blend of residential living, aviation amenities, and significant development potential.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,740 SF
    Lot 183 ac (7,971,480 SF)
    APN 345708301005
    UPID US13-2172728
    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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