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Grand Ave
Montrose, CO 81401
Lot 7 Colorado Outdoors · Land For Sale · 4.50 AC

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INVESTMENT HIGHLIGHTS

  • Qualified Opportunity Zone (QOZ)
  • City of Montrose incentives available
  • $2M river trail completed through the property
  • Tax Increment Financing (TIF) district in place
  • Upsized utilities in place including 3-phase power, fiber optic, water, sewer, and gas
  • $1.6M river restoration completed within the property for gold medal trout fishing

EXECUTIVE SUMMARY

Lot 7 in the Colorado Outdoors campus is a shovel-ready lot and is available for sale or build-to-suit opportunities. Water, sewer, gas, three-phase power, and fiber optic are installed to the lot line. The building design is fully permitted for a new 77,000 SF facility. The property is centrally located within the project, and across the street from the newly restored Uncompahgre River and several new buildings. The lot is in close proximity to the new Fairfield by Marriott hotel and several other businesses. The land is located entirely within a federally Qualified Opportunity Zone (QOZ). Zoned I-1 light industrial with conditional uses by right including residential and multi-family. The Colorado Outdoors project is fully master-planned and entitled with $14M of infrastructure in place including a river trail. Tax Increment Financing (TIF) district is set up for the project which allows for Owner/Developer incentives.

PROPERTY FACTS

Sale Type Investment
Sale Conditions
Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Bank
  • Community Centre
  • Tienda de conveniencia
  • Department Store
  • Distribution
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Health Club
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Master Planned Community
  • Medical
  • Motel
  • Movie Theater
  • Office Park
  • Planned Unit Development
  • Research and Development
  • Regional Mall
  • Restaurant
  • Retail Warehouse
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Warehouse
Total Lot Size 4.50 AC
Opportunity Zone Yes
Zoning Mixed Use

1 LOT AVAILABLE

Lot 7

Price $3,887,326 CAD
Price Per AC $863,850.17 CAD
Lot Size 4.50 AC

Shovel-ready lot for a new warehouse in the award-winning, Colorado Outdoors development. The project sits along the Uncompahgre River and is situated within a Qualified Opportunity Zone. The building is fully designed and permitted.

DESCRIPTION

Lot 7 in the Colorado Outdoors campus is a shovel-ready lot and is available for sale or build-to-suit opportunities. Water, sewer, and fiber are installed to the lot and it is located just across the street from the newly restored, Uncompahgre River. The award-winning Colorado Outdoors project is a 160-acre mixed-use development project located in Montrose, Colorado. The project's mission is to transform Montrose into a compelling destination for business, with a focus on the revitalization of the famed Uncompahgre river corridor. More information can be found at coloradooutdoors.co

  • Listing ID: 38424437

  • Date on Market: 2021-05-19

  • Last Updated:

  • Address: Grand Ave, Montrose, CO 81401

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