550 Highway 550

Ridgway, CO 81432

$3,000,000
Price
348,480 / 8
Lot Size / Acres

Description

This parcel of commercially zoned land is around 8 acres and situated in the Town of Ridgway. It is located on the north east corner of the intersection of highway 550 and 62. It possesses over 700 feet of 550 highway frontage. A PUD was put in place many years ago (see the Plat map in "Document") and currently is in place. While the Seller makes no guarantees or representations a Buyer may be able to utilize the current PUD, amend it or perhaps go to the town with a completely new proposal.This parcel of commercially zoned land is around 8 acres and situated in the Town of Ridgway. It is located on the north east corner of the intersection of highway 550 and 62. It possesses over 700 feet of 550 highway frontage. A PUD was put in place many years ago (see the Plat map in "Document") and currently is in place. While the Seller makes no guarantees or representations a Buyer may be able to utilize the current PUD, amend it or perhaps go to the town with a completely new proposal.
  1. Listed by Robert Hunter III • Robert Hunter, Independent Broker

Property Details for 550 Highway 550

Water Front
Yes
Zoning
Commercial
Views
Lake/Pond/Reservoir, Mountains, Valley
Waterfront
Pond
Subdv Name
Ridgway Land Co

Location

Listing Courtesy of Robert Hunter, Independent Broker, Robert Hunter III
Add your commute
LISTING UPDATED: 11/21/2023 12:38 AM

Property Details for 550 Highway 550

StatusActive
MLS #809411
Days on Market162
Taxes$3,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Commercial
Year Built-
Lot Size8.00 AC
CountyOuray County

Location

Listing Courtesy of Robert Hunter, Independent Broker, Robert Hunter III
Add your commute

Building Information for 550 Highway 550

Lot Size8.00 AC

Payment Calculator

$16,671 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$299

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 550 Highway 550

Summary
Location and General Information
  • Directions: This is the land just north and east of the Remax building located on the North East corner of the intersection of Highway 550 and 62. It is situated between the Remax building and the pond to the north. It is bordered by Highway 550 to the west, Hunter Parkway to the south and Red Cliff Dr to the east.
  • Fronts: Highway 550 and 62
Owner
  • Owner Name: Ridgway Land Company LLLP
School Information
  • Elementary School: Ridgway K-5
  • Middle School: Ridgway 6-8
  • High School: Ridgway 9-12
Taxes and HOA Information
  • HOA/Metro Fees: Various
  • HOA/Metro Fees Frequency: Annually
  • Tax Account ID: 004050-59
  • HOA Name: RUSA
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: No
  • Other Transfer Fees Y/N: No
  • Tax Year: 2022
  • Total Taxes $: 3584
Property
Property and Assessments
  • FIPS Code: 08091
  • Legal/Lot Block: RIDGWAY LAND CO Lot 3 BUILDING ENVELOPE A,B,C,E,F,G,H,I S: 16 T: 45 R: 8 RIDGWAY LAND CO Lot 3 COMMON AREA, TRAVEL AISLES, PARKING AREA, LANDSCAPE AREA, SIDEWALKS S: 16 T: 45 R: 8 This sale does not include Envelope D where the current Remax building resides, but that building is currently available and listed for sale MLS#806665.
  • Photo Count: 9
  • Disclosures: Covenants
  • Covenants Y/N: YES
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
  • Acres Source: Plat Map
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 5-10 Acres
  • Current Property Use: Commercial
  • Possible Property Use: Commercial
  • Lot Dimension: See Plat Map
  • Parcel ID #: 4.30516403001E11
  • Elevation: Flat
Utilities
  • Utilities: Electricity, Internet, Natural Gas
  • Sewer Tap Avail: Yes
  • Sewer/Septic In: No
  • Sewer Paid: No
  • Water Tap Avail: Yes
  • Water Tap Installed: No
  • Water Tap Paid: No
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: No
  • DOMESTIC WATER: Public, Tap Available
  • DOMESTIC SEWER: Sewer Tap Available
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
Exterior Features
  • Horse Setup: No
  • Topography: Level

Property History for 550 Highway 550

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 550 Highway 550

This home is within Ridgway R-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ridgway Elementary School
PublicPK to 5

Ridgway Middle School
Public6 to 8

Ridgway High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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550 Highway 550 is a 8 ac of land for sale in Ridgway, CO 81432. This property was listed for sale on November 18, 2023 by Robert Hunter, Independent Broker, it's currently listed at $3,000,000. It has been on the market for a total of 162 days and was last sold on September 16, 2021. This listing's school district is Ridgway R-2 School District. Nearby schools include Ridgway Elementary School, Ridgway Middle School and Ridgway High School. 550 Highway 550 is a 0-bed, 0-bath, 8 ac of land on a 348,480 sq. ft. / 8 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Robert Hunter, Independent Broker, Robert Hunter III

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.