14 days on rocket

TBDLOT2 Wilson Ave, Olathe, CO, 81425

$545,000

2.27 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
ViewMountain(s), Other, Valley
MLS #818923
Lot Size2.27 Acres
StatusActive

About TBDLOT2 Wilson Ave

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!

Property Details

Property Features

Listing Office:

  • Office Name: United Country Sneffels Realty
  • Listing Agent: Todd Schroedel

Exterior Features

Exterior Information:

  • View: Mountain(s), Other, Valley

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Rolling/Hilly, Corners Marked
  • Lot Size: 2.27 Acres

School Info

Assigned Schools Information:

  • Olathe Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Olathe Stoplight travel north to 2nd Street. East on 2nd Street. Property is at the end, adjacent to the gates to the football stadium.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
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Housing Market Comparison

See how this home compares to others in Olathe, CO.

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Olathe, CO

City

Med. List Price

$584.5K

Med. Price/SqFt

$280

Avg. Days On Market

155

TBDLOT2 Wilson Ave vs Olathe

14 DAYS ON ROCKET

-141 Days

$545,000

-$39.5K Less

KEY TAKEAWAY

This property is $39.5K less than the Median List Price in Olathe, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #818923

Listing Office:

  • Office Name: United Country Sneffels Realty
  • Listing Agent: Todd Schroedel

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

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Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1913302
4
/10

  • Olathe Elementary School

  • 326 North 3rd St

  • 0.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,237. Typical income of Olathe, CO residents is less than $35k annually. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBDLOT2 Wilson Ave

What is the listing price of this property?

The listing price of TBDLOT2 Wilson Ave property is $545,000.

What type of property is this?

The property TBDLOT2 Wilson Ave is land located in Olathe, Colorado, 81425.

Is this property for sale now?

Active Listing: TBDLOT2 Wilson Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for TBDLOT2 Wilson Ave are:
Olathe Elementary School: GreatSchools Rating 4/10

How much acreage is this property?

The property TBDLOT2 Wilson Ave is 2.27 acres.
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Rocket Homes›Colorado›Montrose County›Olathe›81425›TBDLOT2 Wilson Ave

This home is located at TBDLOT2 Wilson Ave in Olathe, CO and zip code 81425. This home sits on a 2.27 acre lot. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $545,000.

In October 2024, listings were on the market for 155 days. During the same period, the median list price in this real estate market was $584,500.

From Rocket Homes Real Estate and based on county public records data.

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