$850,000

TBD Highway 550 Montrose, CO 81403

Estimated payment $4,511/month

Total Views 980
20.3 Acres
$41,872 Price per Acre
884,268 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Mountain View
  • 20 Irrigated Acres
  • 20.3 Acre Lot
  • Cattle
  • Level Lot

About This Lot

Outstanding investment opportunity just south of Montrose along Highway 550! This 20-acre property offers prime visibility with constant traffic exposure and convenient access from both Highway 550 and Racine Road. Featuring priority water rights and stunning mountain views, this versatile parcel holds tremendous potential for a wide range of commercial or mixed-use developments. A rare find in a rapidly growing corridor — come take advantage of this investment/business opportunity.

Listing Agent

Burton Bullington

Shaffer Real Estate Company Listed on: 10/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $268

Lot Details

  • 20.3 Acre Lot
  • Barbed Wire
  • Level Lot
  • Property is zoned Agriculture

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Farming

  • 20 Irrigated Acres
  • Cattle
  • Livestock

Additional Features

  • Mountain Views
  • Horses Allowed On Property
  • Irrigation Water Rights

Listing and Financial Details

  • Security Deposit $15,000
  • Assessor Parcel Number 399309407002

Property Details

Property Type

Land

Est. Annual Taxes

$268

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Land Title
  • Legal Lot Block: Subd: LOWRY REPLAT Lot: 2 S: 9 T: 48 R: 9
  • Livestock Allowed: Cattle, Horses
  • Lot Size Acreage: 11-20 Acres
  • Parcel Id Number: 399309407002
  • Property Description: Boundaries Surveyed
  • Street Descriptionaccess: State Highway, County, 150'+ Frontage
  • Zoning: Agriculture
  • Domestic Water: Public, Tap Installed
  • Type: Agricultural
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 20
  • Estimated Total Acres: 20.3
  • Current Property Use: Ag/Livestock, Irrigated Farmland
  • Em Deposit: 15000
  • Possible Property Use: Commercial, Industrial, Residential Single Family, Ag/Row Crops
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Gated Pipe
  • Irr Water Descamnt: 3.6 Shares
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 0.96
  • Water Tap Available: Yes
  • Water Tap Installed: Yes
  • Total Taxes Dollar: 267.72
  • Prop Description Remarks: Outstanding investment opportunity just south of Montrose along Highway 550! This 20-acre property offers prime visibility with constant traffic exposure and convenient access from both Highway 550 and Racine Road. Featuring priority water rights and stunning mountain views, this versatile parcel holds tremendous potential for a wide range of commercial or mixed-use developments. A rare find in a rapidly growing corridor — come take advantage of this investment/business opportunity.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire
  • Views: Mountains

Utilities

  • Utilities: Electricity, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Irrigation Water District: Stark Volkman Ditch
  • Water Supplier: Tri-County Water Conservancy

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 For Sale $850,000 +107.3% --
11/05/2021 11/05/21 Sold $410,000 -10.1% -- View Prior Sale
09/21/2021 09/21/21 Price Changed $456,000 -4.0% --
08/10/2021 08/10/21 For Sale $475,000 +72.7% --
01/05/2018 01/05/18 Sold $275,000 -33.7% -- View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $415,000 +176.7% --
09/03/2014 09/03/14 Sold $150,000 -33.3% -- View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
07/13/2014 07/13/14 For Sale $225,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 829588

Colorado Real Estate Network (CREN)