66352 Riverside Road

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66352 Riverside Road

16895, CO 81403
Asking Price
$1.40M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 14 acres of raw land
  • Asking price is set at $1,400,000
  • Asset is located at 66352 Riverside Road
  • Property is situated in Montrose, Colorado
  • Site offers potential for diverse development projects

What's Special

Priced at $1,400,000, this 14-acre parcel at 66352 Riverside Road provides a significant land holding in the growing Montrose region of Colorado. The site occupies a strategic position within the 81403 zip code, benefiting from the area's reputation as a key regional hub for trade and outdoor industry in the Uncompahgre Valley. This expanse of acreage is well-suited for diverse development applications, ranging from agricultural ventures to residential or commercial expansion, depending on local municipal requirements. Investors and developers will recognize the potential of this raw land to capitalize on the region’s sustained interest in rural and semi-rural real estate. The topography and size of the parcel accommodate various site planning needs while offering visibility in a location that connects to broader transportation networks. Establishing a presence here allows for a footprint in a mountain-adjacent market experiencing consistent demographic interest. The asset remains an option for those seeking a substantial ground-up project in a stable Western Colorado environment.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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