$3,500,000
360.4± Acres
Active
Montrose County, CO

360 Acres Hwy 50, Montrose, Colorado

MLS ID: 802874
Status: Active
Price: $3,500,000
Acres: 360.4±
Type: Farm, Land
Address: 360 Acres Hwy 50
City, State: Montrose, CO
County: Montrose County
ZIP Code: 81401
Parcel Number: 376930301006
Listed by: Chase Girard of Ponderosa Real Estate The Source For Real Estate

Description

This working cattle ranch spans 360 acres and is located within the City of Montrose's limits. It includes 107.32 irrigated acres with deeded rights that have been farmed for years, all of which are in hay. Situated on the east side of Montrose, the ranch has Highway 50 frontage for easy access in and out, and its border is just 5 minutes away from the Historic Downtown Montrose. The ranch's development possibilities are extensive, with 350 acres zoned R1A, allowing for one home every .5 acre, and 10 acres of B4 commercial property that could be used for retail space, office space, condos, a theater, amphitheater, rec center, or a hotel, all within the City of Montrose. This property represents your chance to make a permanent mark on Montrose and have a legacy on the Western Slope. You can also design your own development plan and go with that! The ranch's beauty and location are unrivaled, and in 2013, Montrose was named an All American City for its focus on the quality of life and business redevelopment. You can balance out growth and prosperity in this wonderful location.

Additional Information

Exterior

Fencing: Barbed Wire, Electric
Irrigation Water Rights (Yes/no): Yes
Lot Features: Adjacent To Public Land, Adjacent To Open Space, Fishing Rights, Pasture, Level, Rolling Slope, Sloped
Road Frontage Type: County Road, City Street, Public Road
Road Responsibility: Public Maintained Road
Road Surface Type: Gravel, Paved
Water Source: Public
Waterfront Features: Creek, Lake, River Access, Seasonal

Financial/HOA/Schools

Days On Market: 147
Elementary School: Johnson K-5
Middle School: Columbine 6-8
High School: Montrose 9-12
Zoning Description: Agriculture, Business, Commercial, Residential Single Family, Other

Extra Information

Documents Available: Aerial, Legal Description, Lease, Topographical Survey
Robert Gash, ALC

Robert Gash, ALC

Cedaredge, Colorado

(970) 986-2955

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Listed By: Chase Girard of Ponderosa Real Estate The Source For Real Estate