821 S Chestnut Street, Cortez, CO 81321

Rare 5-Acre Property in Town – Development Opportunity | Cortez, CO Don’t miss this unique opportunity to own 5 acres of prime land within the city limits of Cortez, Colorado. This rare in-town acreage offers exceptional development potential and is currently zoned Single Family Residential (R-1), with strong possibilities for rezoning to Multi-Family Residential to maximize investment opportunities. An old abandoned home sits on the property, but has been given no value in the pricing—making this a true land opportunity. With utilities nearby and easy access to local infrastructure, this property is well-suited for a range of residential development projects, from custom homes to potential multi-unit builds (subject to city approval). Whether you’re a developer, investor, or someone seeking a large private parcel in town, this property is a rare find in today’s market. Acreage like this doesn’t come up often—especially not within city limits!