12 Lots E Downey Avenue

Cortez, CO 81321

About this property

Opportunity knocks! Prime central location near schools, hospital and rec center. This 12 lot infill subdivision (Kemnitz) is ready for a builder/developer. ADU use is 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 under $12,500 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. (2 additional adjoining lots are available for $33,900 each or may be bought in bulk with the other 12. Call for details).

Date Added
October 25, 2019
Listing Status
Active
Days On Site
398
MLS#
764240

Features and Additional Information

Lot Size
98,446 SqFt
Acreage
2.26
Property Type
Land
Style
IQWeb_
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
Yes
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$137,500 Active
0 Beds
0
Baths
0 SQFT

Presented By Coldwell Banker Canyonside Realty

Twin Falls

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Get in touch today! Phone: (208) 734-6500
Brokerage
Twin Falls
(208) 734-6500
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Area Information

Cortez | Montezuma County |

$ 137,500
This listing is play_arrow 22.3% lower than the average in the area
$ 177,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
398 days on site
This listing is play_arrow 54.6% above the average in the area
258 days on site in the area

Schools in the Area

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