Tbd E Downey Avenue

Cortez, CO 81321

About this property

Opportunity knocks! Prime central location near schools, hospital and rec center. This is a 12 lot, infill subdivision (Kemnitz) that is ready for a builder/developer. It's located in CHAMP Housing and Affordability program area. This financially benefits anyone applying for permits before March 1st, 2020. ADU use is also permitted in this R-1 area. The property has been subdivided into 12 easy build, city lots with possible views. Each is approximately 75' X 110' (.189 acre) and priced at just over $13K each. The lots face E Downey Ave. Electric is currently available to 6 of the lots. Water, sewer, additional electric, and gas lines need to be laid. Utility tie-ins are very near in the surrounding developed neighborhood. This section of E Downey Ave is not paved and provides easier access to complete the infrastructure. The pricing of the lots should allow a builder to produce moderately priced new in-town homes, a product that is in short supply and in demand in Cortez.

Date Added
October 25, 2019
Listing Status
Active
Days On Site
49
MLS#
764240

Features and Additional Information

Lot Size
98,446 SqFt
Acreage
2.26
Property Type
Land
Style
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
Yes
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$157,500 Active
0 Beds
0 Baths
0 SQFT

Presented By Coldwell Banker Distinctive Properties, Grand Junction

Get in touch today! Phone: (970) 243-0456
Brokerage
Grand Junction
(970) 243-0456
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Area Information

Cortez | Montezuma County |

$ 157,500
This listing is play_arrow 10.0% lower than the average in the area
$ 175,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
49 days on site
This listing is play_arrow 64.0% below the average in the area
136 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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