For Sale
$1,390,000

50/Iron Horse DrMontrose, CO 81401

Prime Montrose land: development ready, stunning views.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 46.73-acre property in Montrose, Colorado (zip code 81401), presents a remarkable investment opportunity. Located at TBD Highway 50/Iron Horse Dr, this vacant land boasts dual zoning – B-2A (Regional Commercial) and R-3 (Medium Density Residential) within the City of Montrose – offering unparalleled versatility for development. The property includes 49.3 shares of irrigation water, a significant asset for various projects. Its level topography simplifies construction, and proximity to utilities ensures ease of development. Enjoy convenient access to Montrose's amenities while basking in the tranquility of a rural setting, yet without the burden of a homeowner's association (HOA). The expansive views of the San Juan Mountain Range add to the property's allure. This land is ideally suited for a wide range of projects, including single-family homes, multifamily dwellings, storage facilities, hotels, retail spaces, and restaurants. The seller is open to negotiating the sale of smaller parcels and may consider owner financing under favorable terms. This is a rare chance to acquire a substantial, versatile tract of land with exceptional development potential in a thriving Colorado community.

Highlights

  • 46.73-acre vacant land parcel in Montrose, CO (81401).
  • 49.3 shares of irrigation water included.
  • B-2A (Regional Commercial) and R-3 (Medium Density Residential) zoning in the City of Montrose.
  • Level lot, ready for development of single-family homes, multifamily housing, storage facilities, hotels, retail, or restaurants.
  • Utilities readily accessible.
  • Easy access; no HOA.

Property Details for 50/Iron Horse Dr

Property type
Land, Farms
Lot Size (sq. ft)
2,035,559 SF

Location Insight

City
Montrose
County
Montrose
State
Colorado
Latitude
38.488817181006
Longitude
-107.84410944987
50/Iron Horse Dr, Montrose, Colorado

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50/Iron Horse Dr
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