$1 Auction – 51.9 Acre Development Site | Colorado

Highlights:

• ±51.9 Acre Commercial Development Site in Cortez, CO
• Attractive Demographics with ±14,775 Individuals and Annual Household Income of ±$73,037 (5-Mile)
• Highway Visibility on CO-145 with ±8,688 Vehicles per Day
• Nearby National Retailers: Walmart, Safeway, Denny’s, Wendy’s, McDonald’s, T-Mobile, Cold Stone, more
• 6.57% Population Growth from 2020-2024 and 8.84% Growth from 2024-2029 Anticipated (5-Mile Radius)
• Favorable R-1, Residential Single-Family Zoning with Flexible Permitted Uses

Description:

Ri Marketplace Online Auction March 23-25, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3002/1-auction-51.9-acre-development-site-colorado?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=land_3002

Marcus & Millichap is pleased to present a ±51.9-acre development site located at 2619 Rampart Street (the “Property”) in Cortez, Colorado. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property consists of two parcels totaling ±51.9-acres and benefits from excellent frontage with ±400 feet along State Hwy 145 (North Delores Road) with ±8,688 vehicles per day, providing strong visibility and accessibility. The Property benefits from favorable R-1, Residential Single-Family District zoning that allows for a wide variety of flexible uses. Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside. East Rampart Street (unbuilt) separates both parcels providing future access to both north and south tracts.

Cortez, Colorado is a regional commercial center in southwestern Colorado’s Montezuma County, positioned along U.S. Highways 160 and 491, which provide direct access to regional trade corridors. The local economy is anchored by tourism, healthcare, retail trade, and government services, driven in part by the area’s proximity to major outdoor attractions like Mesa Verde National Park and Canyon of the Ancients, which bring steady visitor traffic and support hospitality, retail, and service demand. Cortez serves as a retail hub for surrounding rural communities and tribal lands, creating everyday consumer demand that underpins neighborhood retail and service‑oriented commercial uses. Nearby traffic drivers include Walmart, Safeway, Denny’s, Wendy’s, McDonald’s, T-Mobile, Cold Stone, Days Inn, Hampton Inn, Quality Inn, and Montezuma-Cortez High School. The Property is located in an area that serves 11,650 people within a 3-mile area and ±14,775 individuals with an AHHI of ±$73,037 within a 5-mile area further enhancing the area’s retail potential. The population has experienced 6.57% growth from 2020-2024 with 8.84% growth expected to continue through 2029.


Lamar P. Fisher
Fisher Auction Company Inc.
License: Internet Auctions Exempt from Licensing
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

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