TBD Sherman Street, Ridgway, CO 81432
Town of Ridgway · Ouray County
Key Facts
Description
Primely located as you enter Ridgway, this lot is ideal for any number of possibilities. Featuring unparallelled visibility for the investor or an oversized lot in which to build your dream downtown home steps away from shops and restaurants. Downtown Service District zoning of this property allows for both residential and business use. An investor might imagine multi unit residential, mix in some retail, commercial or professional office suites. A home buyer might imagine their perfect home with extensive yard and ADU. The options are endless with this unique location in a charming town of growing opportunity.
Property Information
Property Type
Land
Lot Size
0.29 acres
Zoning
Commercial,Residential Si
MLS® Listing#
830865
Property Features
Utilities
Water Source
Schools
- Elementary:
- Ridgway K-5
- Middle:
- Ridgway 6-8
- High:
- Ridgway 9-12
Financial Details
Annual Taxes
$6,140
Tax year 2023
Parcel Number
456318203001
Directions
Lots are on the NW Corner of Laura and Sherman St. (Hwy 62) directly west of the large white church. These 4 lots are currently platted into a single large Lot starting on the east side of Laura St. Area 12883 Sq Ft
Affordability Calculator
$103,200
Estimated monthly payment
$2,746/mo
Principal $412,800 · Est. interest $575,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ridgway, CO
- $1,000,000
- Median Listing Price
- 85
- Median Days on Market
- 2,270
- Median Sq Ft
- $505
- Median Price / Sq Ft
- 73
- Active Listings
- This home’s price is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ridgway, CO.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 485 Kismet Street, Ridgway, CO | $375,000 | — | — | — |
| 205 Jasper Lane Unit 103, Ridgway, CO | $386,550 | — | — | 859 |
| 205 Jasper Lane Unit 101, Ridgway, CO | $391,400 | — | — | 824 |
| 818 Pine Drive, Ridgway, CO | $395,000 | — | — | — |
| TBD Pine Drive, Ridgway, CO | $399,000 | — | — | — |
| 205 Jasper Lane 203, Ridgway, CO | $399,000 | 2 | 2 | 885 |
Moving Cost Estimate
Listing Courtesy: Telluride Properties LLC
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Real Estate listings held by companies other than Telluride Properties LLC contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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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.