Description
Exceptional multi-family development opportunity in the heart of Cortez. This large, flat corner lot has been recently rezoned for multi-family use, creating immediate potential for apartments, townhomes, or income-producing residential units. Buyers are encouraged to consult with the City of Cortez regarding specific development possibilities, including tiny homes, cottages, RV placement, or manufactured housing, subject to city approval. Significant due diligence has already been completed, including a land surface survey, environmental review, and geotechnical report. Ideally positioned with convenient access to schools, shopping, parks, and downtown amenities, this property offers both strong location fundamentals and development readiness. Opportunities with zoning in place and studies completed are increasingly rare making this an attractive option for investors and builders ready to break ground.
Details
| MLS # | 831871 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 182 |
| Listing Provided By | RE/MAX Pinnacle | Katri Annast |
Features
| Zoning | Residential Multi Family |
|---|---|
| Acreage | 0.59 |
Exterior
| Lot Features | Cleared, Corner Lot, Level |
|---|
Utilities
| Utilities | Cellular Phone Reception, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|
Other
| List Aor | Durango Area Association Of Realtors |
|---|
Taxes
| Property | 407 |
|---|
Area Information
| State | CO |
|---|---|
| County | Montezuma |
| City | Cortez |
| Zip Code | 81321 |
| Area | Cortez |
| Community Name | CRSP |
| School District | Montezuma-Cortez 9-12 |
| Elementary School | Kemper K-5 |
| High School | Montezuma-Cortez 9-12 |
| Listing VS Median (in CRSP) | |
Price: $100,000 low | high Med: $0 On site: 182 low | high Med: | |
Market Activity 81321
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Learn More About This Property
| State | CO |
|---|---|
| County | Montezuma |
| City | Cortez |
| Zip Code | 81321 |
| Area | Cortez |
| Community Name | CRSP |
| School District | Montezuma-Cortez 9-12 |
| Elementary School | Kemper K-5 |
| High School | Montezuma-Cortez 9-12 |
| Listing VS Median (in CRSP) | |
Price: $100,000 low | high Med: $0 On site: 182 low | high Med: | |