Lot 2(tbd) Wilson Avenue, Olathe, CO

$545,000

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2.27

Acres

About Lot 2(tbd) Wilson Avenue

Prime Investment Opportunity in Western Colorado's Opportunity Zone! This 2.27-acre parcel in the heart of Western Colorado offers a rare opportunity for investors looking to capitalize on the tax incentives and long-term growth of an Opportunity Zone. Located adjacent to Olathe School and the football stadium, this property is ideally positioned for a high-demand residential development with broad zoning flexibility. Zoned for residential use, the possibilities are nearly endless—whether you're envisioning multi-family units, duplexes, or even an entire residential neighborhood. With zoning that allows buildings up to 35 feet in height, you can maximize the space with 3-story buildings, capturing stunning mountain views to the south. Key features include: Utilities to the property or nearby Roads on the west and south sides for efficient access and reduced development costs Completed soil testing and a newly finished topographic survey, streamlining the development process The seller has already designed plans for 8-plex apartment buildings, making this a plug-and-play opportunity to build in phases and scale up. Whether your vision includes affordable housing, condos, senior living, or single-family patio homes, this property checks all the boxes for an investor looking to maximize returns while meeting the growing housing demands in Western Colorado. Lock in a secure investment that not only generates income but also qualifies for favorable tax treatment through the Opportunity Zone. This is your chance to shape the future of housing in this fast-growing region—come see the potential for yourself!

Listing Office : United Country Sneffels Realty

Features of Lot 2(tbd) Wilson Avenue

MLS® # 818923
Price $545,000
Bathrooms 0.00
Acres 2.27
Type Land
Sub-Type Residential
Status Active

Community Information on Lot 2(tbd) Wilson Avenue

Address Lot 2(tbd) Wilson Avenue
Area Olathe
Subdivision None
City Olathe
County Montrose
State CO
Zip Code 81425

Amenities of Lot 2(tbd) Wilson Avenue

Utilities Phone Available
View Mountain(s), Other, Valley

Interior of Lot 2(tbd) Wilson Avenue

Fireplace No

School Information on Lot 2(tbd) Wilson Avenue

Elementary Olathe K-5
Middle Olathe 6-8
High Olathe 9-12

Additional Information on Lot 2(tbd) Wilson Avenue

Date Listed October 21st, 2024
Zoning Other,Residential Multi Family,Residential Single Family
Data Source Cren MLS

Listing Details of Lot 2(tbd) Wilson Avenue

OfficeUnited Country Sneffels Realty

Listing Map of Lot 2(tbd) Wilson Avenue

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