Tbd South Hwy 550 & Otter Road

Montrose, CO 81401

$1,400,000
Price
65,340 / 1.5
Lot Size / Acres

Description

High visibility corner lot off S Highway 550 with prime highway frontage. The parcel will be approximately 1.5 acres and is currently approved for 9,900 sf of retail/office. This parcel will be split off from the entire 6.7 acres - subject to approval by the applicable governing authorities. On the entire 6.7 acres (see MLS# 816931), there is an approved plan and full architectural drawings for an 89-unit senior living project along with the 9,900 square feet of retail/office at the intersection...High visibility corner lot off S Highway 550 with prime highway frontage. The parcel will be approximately 1.5 acres and is currently approved for 9,900 sf of retail/office. This parcel will be split off from the entire 6.7 acres - subject to approval by the applicable governing authorities. On the entire 6.7 acres (see MLS# 816931), there is an approved plan and full architectural drawings for an 89-unit senior living project along with the 9,900 square feet of retail/office at the intersection of Hwy 550 and Otter Road. This property is zoned B-2, Highway Commercial District. Supreme commercial location, near the river, mountain views, and easy access!
  1. Listed by Mandy Snell • Norris-Phillips Real Estate, LLC
  2. Listed by Doug Phillips • Norris-Phillips Real Estate, LLC

Property Details for Tbd South Hwy 550 & Otter Road

Water Front
No
Zoning
Commercial
Views
Mountains, Stream/River
Subdv Name
Other
LISTING UPDATED: 10/10/2024 01:38 AM

Property Details for Tbd South Hwy 550 & Otter Road

StatusActive
MLS #818574
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Commercial
Year Built-
Lot Size1.50 AC
CountyMontrose County

Building Information for Tbd South Hwy 550 & Otter Road

Lot Size1.50 AC

Property Information for Tbd South Hwy 550 & Otter Road

Summary
Location and General Information
  • Directions: South on Hwy 550, west on Otter Road. (South of Target)
  • Fronts: S Hwy 550 and Otter Road
Owner
  • Owner Name: MSL RFL, LLC
School Information
  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8
  • High School: Montrose 9-12
Taxes and HOA Information
  • Tax Account ID: R0023818
  • HOA Y/N: No
  • Tax Year: 2024
  • Total Taxes $: TBD
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: NE corner of the property: (approximately 1.5 acres more or less, subject to the appropriate governmental approvals to split the land) LOT 1, MONTROSE LODGE FINAL PLANNED DEVELOPMENT PLAN AMENDMENT 1. ACCORDING TO THE PLAT THEREOF RECORDED NOVEMBER 15, 2017 UNDER RECEPTION NO. 891709
  • Photo Count: 13
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 1-5 Acres
  • Current Property Use: Grazing(no irrig.)
  • Possible Property Use: Commercial
  • Parcel ID #: 3.99304314001E11
  • Property Description: Corner
Utilities
  • Utilities: Electricity Near, Natural Gas Near, Other
  • Sewer Tap Avail: No
  • Sewer/Septic In: No
  • Sewer Paid: No
  • Water Tap Avail: No
  • Water Tap Installed: No
  • Water Tap Paid: No
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: No
  • DOMESTIC WATER: None
  • DOMESTIC SEWER: None
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
Exterior Features
  • Horse Setup: No
  • Topography: Level

Property History for Tbd South Hwy 550 & Otter Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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Tbd South Hwy 550 & Otter Road is a 1.5 ac of land for sale in Montrose, CO 81401. This property was listed for sale on October 7, 2024 by Norris-Phillips Real Estate, LLC, it's currently listed at $1,400,000. Tbd South Hwy 550 & Otter Road is a 0-bed, 0-bath, 1.5 ac of land on a 65,340 sq. ft. / 1.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Norris-Phillips Real Estate, LLC, Mandy Snell; Norris-Phillips Real Estate, LLC, Doug Phillips

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.