Listed By:
NextHome Virtual
Address
Tbd Oxbow Drive, Montrose, CO
Price
$ 999,999
Property Attributes
  • MLS#829430
  • TypeLand
  • Listing Status Active
  • CountyMONTROSE
  • CityMontrose
  • AreaMontrose City
  • Zip81401
  • StyleMulti-Family
  • Taxes$ 15426
  • Price$ 999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.736 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

Tremendous Development Opportunity - Prime 1.7-acre development site in Montrose, Colorado—shovel-ready with a city-approved permit for a 26-unit apartment complex with two main-level commercial spaces. Ideally located across from the Montrose Recreation Center and within walking distance of shops, restaurants, an elementary school, and the bike path. Build where lifestyle meets opportunity in this growing community known for year-round outdoor recreation, milder Colorado weather, and 350+ days of sunshine. Building permit, issued under the 2023 code, must be picked up by February 2026. Don’t miss this exceptional investment—call today!

Elementary School Middle School High School
Cottonwood K-5 Elementary School Columbine 6-8 Middle School Montrose 9-12 High School
Price History
10/23/2025 Listed $1,200,000
4/25/2026 17$999,999

General Features

Utilities Electricity Near,Natural Gas Near
Zoning Business
Status Active
Subdivision Other
View Mountains
Topography Level
County Montrose
Class LAND
Present Use Dry Land
Type Multi-Family
Tax Year 2025
FIPS Code 08085
Price/Sqft 13.22
Price/Acre 576036.29
HOA Y/N No
Status Active
Sale/Rent For Sale
Docs on File Other
Directions From Main & Townsend,South on Highway 550,Left on Oxbow Drive,Property on the northwest corner of Oxbow Drive and Woodgate
High School Montrose 9-12
City Montrose
Terms 1031 Exchange,Cash,Conventional
Elementary School Cottonwood K-5
Middle School Columbine 6-8
DOM 327
PROPERTY DESCRIPTION Cleared,Corner
Water Tap Avail Yes

Exterior Features

Mineral Rights Unknown
Lot Size Area 1.736
Water Well No
Domestic Water Public,Tap Available
Waterfront No
Domestic Sewer Sewer Tap Available
Horse Setup No
Water Rights/Irrig. No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 81401

Price
AVG $70K
$1,000K
Taxes
AVG $1,222
$15,426
Visits
AVG 24
96
Data Provided by Inside Real Estate®