Rare Development Opportunity in a Prime Montrose Location! Unlock the potential of 5 acres of exceptional real estate located within an Opportunity Zone, offering an outstanding investment for developers, builders, and visionary investors. Currently zoned General Residential (R), this property presents exciting possibilities for future high-density residential development (subject to applicable approvals). This property is next to 13 acres that is listed separately, both can be purchased together. Perfectly positioned just 1.7 miles from Townsend Avenue, you'll enjoy easy access to Montrose's main commercial corridor, shopping, dining, healthcare, and everyday amenities—making this an attractive location for future homeowners. NO HOA or COVENANTS! Whether you're looking to maintain the acreage as an irrigated property for livestock and agricultural use or capitalize on the opportunity to create a thriving residential community, this versatile property offers the flexibility to bring your vision to life. Properties of this size, location, and potential are becoming increasingly rare—don't miss your chance to invest in the future of Montrose.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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