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!
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Location
821 S Chestnut Street, Cortez, CO 81321
Status
For Sale
Property Amenities
Area & Lot
Lot Area5 Acres
MLS® ID826392
High SchoolMontezuma-Cortez 9-12
Middle SchoolCortez 6-8
Elementary SchoolMesa K-5
View DescriptionMountain(s)
TypeLand
StatusFor Sale
Exterior
Water SourcePublic
Lot FeaturesLevel
UtilitiesCellular Phone Reception, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Connected
Finance
Sales Price$165,000
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Cortez is an exquisite, private home-rule municipality in Montezuma County, located less than 30 minutes from Mancos and Dolores and about an hour from Durango Airport.
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