TBD Oxbow Dr Montrose, CO 81401
Estimated payment $7,579/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 829430
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