Mixed Use Development Property in Cortez, Colorado!

Description

Development Opportunity in Montezuma County!

Check out this versatile property in Southwest Colorado, offering a multitude of options for you. Whether you envision a multi-family housing development, a residential subdivision, mixed-use development, a hobby farm or pasture, or perhaps even a launch pad for outdoor recreation, this exceptional land presents endless opportunities. The entire acreage is usable, easily accessible, and has NO COVENANTS/NO HOA – a rare find. Conveniently situated on the corner of Road 24.5 and County Road G, this prime location is only 1/4 mile away from a bustling intersection and in a growing part of town with a new Love’s Travel Stop, a Maverick on it’s way and a general merchandise store to gather basic necessities. This area is destined to become a thriving economic center. The homesite and utilities are set on the far south side of the land, keeping your home in a more private location of the land. The older manufactured home underwent renovation in 2018 with all new PEX plumbing, toilets, dishwasher, hot water heater, kitchen cabinets, flooring, and subfloor. Currently configured as a spacious 1-bed, 2-bath layout, the 2nd bedroom can be easily enclosed with minimal finish work. The home is elevated on piers, skirted, and insulated, providing flexibility for future development as it is not permanently affixed. Potable water is already installed on the property delivered in a highly sought-after 2″ water tap, which offers excellent water pressure (more homesites or business use?). This allows for the construction of a substantial dwelling or potential approval from the county to develop an affordable housing complex or short-term rentals. Furthermore, should you decide to subdivide, the current tenant is interested in purchasing the home and 3 acres, significantly offsetting your investment. The land benefits from a completed irrigation infrastructure, featuring 6″ pipe, as well as full fencing and cross-fencing, perfectly primed for cultivation or grazing. Although no irrigation water shares are included, the convenience of natural gas being located at the lot line enhances the property’s appeal. Situated in the foothills of iconic mesas, this land offers a serene environment while maintaining proximity to essential amenities. Only 5 minutes away from Cortez and the municipal airport, you’ll find yourself within a short drive of the Four Corners, Sand Canyon trail system, Hovenweep Nat’l Monument, Mesa Verde National Park, Moab, Telluride, Durango, Purgatory, and a host of other outdoor recreation areas renowned for their mountain biking, hiking, skiing, and water sports. Don’t miss the opportunity to own this remarkable property and unleash your imagination. Schedule a walkabout today!

Living in Cortez, CO!

Cortez, Colorado, offers a vibrant and welcoming community with a small-town feel and modern amenities. Surrounded by stunning natural landscapes, residents enjoy outdoor adventures in the nearby San Juan Mountains. The city’s rich cultural heritage, including Mesa Verde National Park, provides opportunities for exploration and learning. Cortez prioritizes education and healthcare, with excellent schools and medical facilities. The community comes together for various events and festivals throughout the year. With a favorable climate and year-round outdoor activities, Cortez offers a fulfilling lifestyle for residents seeking adventure, community, and family-friendly living.