12 lots E Downey Avenue Cortez CO Real Estate

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).