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TBD 5th and Reese St - Mineral Creek Homes 3.1 Acres of Commercial Land Offered at $10,997,950 CAD in Silverton, CO 81433



EXECUTIVE SUMMARY
PROPERTY DETAILS
+ 3 City Blocks | Block 86 | Block 87 | Block 88
+ 54 total lots
+ Individual Lot size is 25’x100’ | 2,500 SqFt
+ Zoning R-2 Multifamily
+ Zoning Standards | 2 lots 50’x100’ as Single Sale
+ Purchase entire block | half block or multiple lots to build at scale
PROPERTY FACTS
| Price | $10,997,950 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.10 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-2 - Single or Multi-family | ||
| Price | $10,997,950 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.10 AC |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Single or Multi-family |
1 LOT AVAILABLE
Lot
| Price | $10,997,950 CAD | Lot Size | 3.10 AC |
| Price Per AC | $3,547,725.84 CAD |
| Price | $10,997,950 CAD |
| Price Per AC | $3,547,725.84 CAD |
| Lot Size | 3.10 AC |
This is a fully entitled grouping of flat and level town blocks which total 52 lots. All infrastructure is in place and ready to tap into making this development fully shovel ready for vertical build out.
DESCRIPTION
Welcome to Silverton, the most idyllic mountain town in the rocky mountains. Located in the heart of the San Juan mountains, this beautiful town is your basecamp for adventure and tucked under the tall peaks sits Silverton's newest neighborhood,Mineral Creek Homes. This newly constructed neighborhood sets a new standard for development in Silverton and is the largest expansion of residential lots in town, making it the opportunity you've been waiting for. The entire area is now zonedR-2 multi-family and each offering is for two 25x100 ft lots which complies with the zoning standard of 5,000 SqFt minimum per build site. R-2 zoning provides a plethora of options in designing your new mountain get-a-way, whether you want to build single family, duplex, triplex or quads the choice is yours. For those looking to fill the massive need for housing, you have the ability to purchase multiple lots and aggregate them into a large multi-family project such as apartments, townhomes or condos (call listings agent for more details). In addition to the brand new infrastructure throughout, the development is fully completed with buried utilities preserving sight line corridors along with high speed fiber internet connections for each property, both of which are rare for Silverton and unique design offerings. All this has been topped with fresh roads, alleys and sidewalks making all of these lots fully shovel ready. This amazing new neighborhood is the answer Silverton has been looking for to address the significant lack of inventory which has made it extremely difficult to find that perfect spot to plant roots in this wonderful place. Don't miss your opportunity to get in on the ground floor and start living the mountain dream in the heart of the San Juan's.
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TBD 5th and Reese St - Mineral Creek Homes
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