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$ 100,000
Est. payment | /mo
0.59 Acres Lot
$ 100,000
Est. payment | /mo
0.59 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Crsp
MLS Listing ID 831871
Annual Tax Amount $407
Tax Year 2025
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Multi-Family
Property 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.
Location
State CO
County Montezuma
Zoning Residential Multi Family
Rooms
Dining Room No
Exterior
Utilities Available Electricity Near, Natural Gas Near, Phone - Cell Reception
Building
Sewer Sewer Tap Available
Water Public, Tap Available
Schools
Elementary Schools Kemper K-5
Middle Schools Cortez 6-8
High Schools Montezuma-Cortez 9-12
Listed by RE/MAX Pinnacle
Nearby Locations
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