$1,200,000

TBD Oxbow Dr Montrose, CO 81401

Estimated payment $7,579/month

Total Views 108
1.74 Acres
$691,244 Price per Acre
75,620 Sq Ft Lot

About This Lot

Tremendous Development Opportunity - Prime 1.7-acre development site in Montrose, Colorado—shovel-ready with a city-approved permit for a 26-unit apartment complex with two main-level commercial spaces. Ideally located across from the Montrose Recreation Center and within walking distance of shops, restaurants, an elementary school, and the bike path. Build where lifestyle meets opportunity in this growing community known for year-round outdoor recreation, milder Colorado weather, and 350+ days of sunshine. Building permit, issued under the 2003 code, must be picked up by February 2026. Don’t miss this exceptional investment—call today!

Listing Agent

Shawn Carroll

NextHome Virtual Listed on: 10/20/2025

NextHome Virtual

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,427

Lot Details

  • 1.74 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned Business

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Security Deposit $24,000
  • Assessor Parcel Number 399304318001

Property Details

Property Type

Land

Est. Annual Taxes

$15,427

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Fidelity Title
  • Legal Lot Block: Subd: Oxbow Crossing Subd 4th Amended Lot: 5 S:4 T:48 R:9
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 399304318001
  • Property Description: Cleared, Corner
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Drive
  • Zoning: Business
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public, Tap Available
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.736
  • Current Property Use: Dry Land
  • Em Deposit: 24,000
  • Possible Property Use: Commercial
  • Mineral Rights: Unknown
  • Topography: Level
  • Price per Sq Ft: 15.87
  • Sewer Paid: Yes
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 15,426.64
  • Prop Description Remarks: Tremendous Development Opportunity - Prime 1.7-acre development site in Montrose, Colorado—shovel-ready with a city-approved permit for a 26-unit apartment complex with two main-level commercial spaces. Ideally located across from the Montrose Recreation Center and within walking distance of shops, restaurants, an elementary school, and the bike path. Build where lifestyle meets opportunity in this growing community known for year-round outdoor recreation, milder Colorado weather, and 350+ days of sunshine. Building permit, issued under the 2003 code, must be picked up by February 2026. Don’t miss this exceptional investment—call today!
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Water Tap Paid: Yes
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: City Of Montrose

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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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
10/20/2025 10/20/25 For Sale $1,200,000 +306.8% --
08/25/2021 08/25/21 Sold $295,000 -13.0% -- View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
08/27/2020 08/27/20 For Sale $339,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 829430

Colorado Real Estate Network (CREN)