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Lot 2(TBD) Wilson Avenue, Olathe, CO 81425

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For Sale

$545,000

2.27 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 2.3 acres
    Lot size

Explore this Property

Todd R Schroedel, United Country Sneffels Realty, C: 970-318-2160, todd@sneffelsrealty.com, http://www.toddssneffelsrealty.com: 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 nearbyRoads on the west and south sides for efficient access and reduced development costsCompleted soil testing and a newly finished topographic survey, streamlining the development processThe 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!
MLS# 818923

Courtesy Of United Country Sneffels Realty

(970) 626-3555

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    2.27 Acres

Map and Directions

Directions to Lot 2(TBD) Wilson Avenue, Olathe, CO 81425

Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 249-7653
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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