West Main Spring Creek Rd River Development Montrose, Colorado 81401

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1 West Main Spring Creek Rd River Development Property Information Packet John Renfrow / Joey Huskey Renfrow Realty Page 1

2 Executive Summary 82+ ACRES OF DEVELOPMENT LAND WITH INCREDIBLE POTENTIAL Montrose, Colorado MLS# , , , MLS# Parcels Address Acres (MOL) Res. Sq.Ft. Listing Price $/Acre Spring Creek Rd $1,149,888 $20, A, 489 B, 551, 555, 601, 605, 609 W. Main St $499,888 $46, Marine Rd $349,888 $20,814 4,5,7 755 Spring Creek Rd; 489 A, 489 B, 551, 555, 601, 605, 609 W. Main St; Marine Rd $1,899,888 $22,949 Excellent Investment Property acres (MOL) (3 separate parcels) zoned B2, R3, R4 and MHR within the City of Montrose. Property has seven leased residential units and two vacant commercial units with potential conversion to residential duplex. Parcels 4 and 7 are in a prime location next to the new Colorado Outdoors, a 150-acre multi-use river development. Parcel 4 also has over 0.3 miles of Uncompahgre River frontage. Purchase all or part of the property. The possibilities are endless with this land! Contact John Renfrow or Joey Huskey at (970) Page 2

3 Aerial Map Subject property Subject property is made up of 3 separately deeded parcels. Parcels 1-3 & 6 already sold. Page 3

4 Map of Surrounding Area Montrose Ford Justice Center N San Juan Ave./Hwy 50 New Multiuse River Development 7 Subject Property 4 5 Page 4

5 City Zoning Map R3 B4 R4 R4 MHR B2 Subject property is located in the City of Montrose and zoned B-2, MHR, R-3 and R-4 Zoning Regulations are on the following pages Contact City of Montrose for more information (970) Page 5

6 Zoning Breakdown* B-2 Highway Commercial District : "B-2" HIGHWAY COMMERCIAL DISTRICT (A) Intent: The B-2" Highway Commercial District is intended to provide for business oriented toward serving the vehicular customer. This District provides for the convenient exchange of goods and services along the major thoroughfares of the City. (B) Uses by Right: (1) Those listed in the B-1" District as uses by right. (2) Self-service laundry facilities. (3) Drive-in or drive-thru restaurants. (4) Car washes. (5) Child care facilities (6) Rental storage units inside a building (7) Veterinary clinics or hospitals for small animals (8) Skilled nursing and assisted living facilities (9) Retail building material supply businesses (10) Parking facilities (11) Renewable energy facilities (C) Conditional Uses: (1) Those conditional uses listed for the B-1" District. (2) Recreational vehicle parks and campgrounds (3) Retail stores, business and service establishments serving the general public but which also involve limited manufacturing of the products supplied. (4) Antennas and towers are allowed only as conditional uses in all ones and are subject to the provisions of Section and the other applicable requirements of the City ordinances and regulations (D) The following uses are not to be construed as a use by right or conditional use in the B-2" Highway Commercial District: (1) Farm implement sales or service establishments. (2) Construction and contractor s equipment storage facilities (3) Machine and welding shops (4) Manufacturing and industrial uses except as allowed by Subsection (C)3. (5) Storage facilities (small rental storage units are allowed se Section (B)(7) (E) Performance Standards: No use shall be established, maintained or conducted in any B-2" Highway Commercial District that will result in any public or private nuisance. * Taken from City of Montrose Zoning Regulations March 2016 Zoning Breakdown* MHR Mobile Home-Residential District 4-4-9: "MHR" MOBILE HOME-RESIDENTIAL DISTRICT (A) Intent: This District is intended to provide a suitable environment for single family conventional and mobile homes and is designed to allow a high density of single family residences and related uses. (B) Uses by Right: (1) Single family homes. (2) Manufactured housing/single family homes (3) Mobile homes. (1)Mobile home parks. (4) Government buildings and facilities. (5) Parks and recreation facilities owned or operated by a homeowners association. (6) Places of worship (7) Public utility service facilities. (8) Accessory uses. (C) Conditional uses: (1) Skilled nursing and assisted living facilities (2) Rental storage units with a maximum rental unit size of 200 square feet. (3) Child care facilities. A child care facility shall be a conditional use in all districts if more than eight but less than 16 children under 13 years of age are present on the premises at any one time, including children of the family living in the residence, in accordance with state statutes and regulations (4) Schools (D) Mobile home parks shall comply with the requirements of Chapter 12 of this Title, in addition to these zoning regulations. Chapter 12 of this Title shall control with respect to any conflict with these regulations. Page 6

7 Zoning Breakdown* R-3 Medium Density District 4-4-7: "R-3" MEDIUM DENSITY DISTRICT (A) Intent: The R-3" Medium Density District is intended to provide an area which is suitable for single family homes and duplexes. The District provides for other uses which are compatible with such uses. (B) Uses by Right: (1) Single family homes and duplexes. (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowners association. (5) Churches. (6) Accessory uses. (1) Child care facilities A child care facility shall be a conditional use in all districts if more than eight but less than 16 children under 13 years of age are present on the premises at any one time, including children of the family living in the residence, in accordance with state statutes and regulations (C) Conditional Uses: (1) Child care facilities A child care facility shall be a conditional use in all districts if more than eight but less than 16 children under 13 years of age are present on the premises at any one time, including children of the family living in the residence, in accordance with state statutes and regulations Zoning Breakdown* R-4 High Density District 4-4-8: "R-4" HIGH DENSITY DISTRICT (A) Intent: The R-4" High Density District is intended to provide for high density multiple family residences and to allow variable densities. This allows variety in the types of residences. (B) Uses by Right: (1) Single family homes, duplexes, and multiple family residences. (2) Public utility service facilities. (3) Government buildings and facilities. (4) Parks and recreation facilities owned or operated by a homeowners association. (5) Places of worship (6) Accessory uses. (1) Bed and breakfast operations operated solely by the residents of a lot of at least 6,250 square feet providing no more than four bedrooms for rent in the dwelling unit, and the only meal provided on the premises shall be breakfast to the renters. (2) Child care facilities A child care facility shall be a conditional use in all districts if more than eight but less than 16 children under 13 years of age are present on the premises at any one time, including children of the family living in the residence, in accordance with state statutes and regulations (C) Conditional Uses: (1) Skilled nursing and assisted living facilities (2) Child care facilities A child care facility shall be a conditional use in all districts if more than eight but less than 16 children under 13 years of age are present on the premises at any one time, including children of the family living in the residence, in accordance with state statutes and regulations (3) Schools (2) Skilled nursing and assisted living (3) Multiple family residences. (4) Bed and breakfast operations operated solely by the residents of a lot of at least 6,250 square feet providing no more than two bedrooms for rent in the dwelling unit, and the only meal provided on the premises shall be breakfast to the renters. (5) Schools * Taken from City of Montrose Zoning Regulations March 2016 Page 7

8 General Information UTILITIES Water Suburban Water (970) Spring Creek Rd (Septic) Riverwood Water Company Spring Creek Rd. Well Water 489 W Main St. 551 W Main St. 555 W Main St. 601 W Main St. 605 W Main St. 609 W Main St. Sewer City of Montrose (970) Gas Black Hills Energy is available (800) Electricity DMEA (970) Telephone CenturyLink (800) Cable Charter Communications (877) WATER RIGHTS* Irrigation Water Uncompahgre Valley Water User Association (970) Spring Creek 19.3 shares 2017 fees $ W. Main shares 2017 fees $ Marine Dr share 2017 fees $250 *Water rights information should be verified Page 8

9 FEMA Floodplain Map FEMA Map Service Center Tel: (800) Web: msc.fema.gov Flood Zone A - Areas with 1% annual chance of flooding and 26% chance of flooding over the life time of a 30-year mortgage. Because detailed analysis are not performed for such areas; no depth or base flood* elevation are shown within these zones. Flood Zone AE - The base floodplain where base flood* elevations are provided. Flood Zone D - Areas in which flood hazards are undetermined, but possible. No flood hazard analysis had been conducted. Flood Zone X - Area of minimal flood hazard. *The base flood elevation is the water-surface elevation of the 1% annual chance flood Subject property Habitable structures can still be built in a flood zone. Please contact Del-Mont Consultants for more information: (970) Page 9

10 Proposed Addition to Rio Grande Arterial/Bypass Existing Bypass Existing Arterial Proposed arterial addition Main Street Townsend Avenue The San Juan Bypass was constructed in order to direct heavy traffic away from the Montrose downtown area. The first phase connected East Main Street to North Townsend Avenue. The second phase connected North Townsend to West Main. Further phases will continue south, parallel to Townsend, and connect to Townsend as it heads towards Ridgway. Some portions of the proposed addition do not have the exact locations finalized. Contact the City of Montrose for additional information at (970) Subject property Page 10

11 Map of Vicinity Montrose County Justice Center Uncompahgre River City Hall Post Office Courthouse Library/CMU Subject property (made up of three parcels) Delta (~21 miles), Grand Junction (~61 miles) Gunnison (~64 miles), Crested Butte (~93 miles) Ridgway (~27 miles), Ouray (~38 miles), Telluride (~60 miles) Page 11

12 Survey Wilmore & Company October 28, 2016 (970) Page 12

13 Photographs Parcel #4 755 Spring Creek Rd. Parcel 4 is acres Approximately.35 mile of river frontage Zoned R-3, R-4, B-2 and MHR 2,112 sq.ft. 3bd/2.5ba home Page 13

14 Interior Photographs Parcel #4 755 Spring Creek Rd. Page 14

15 Parcel #4 755 Spring Creek Floor Plans & General Information Main Floor UTILITIES Water Suburban Water (970) Sewer City of Montrose (970) Gas Black Hills (800) Electricity DMEA (970) Telephone CenturyLink (800) Cable Charter Spectrum (877) WATER RIGHTS* Irrigation Water: Uncompahgre Valley Water User Association (970) Includes 20.6 shares fees = $ LEASE INFORMATION House and ground are currently leased Call listing office for details *Water rights information should be verified Second Floor Page 15

16 Parcel #4 755 Spring Creek Horse Barn Floor Plans Utilities in Barn Electricity DMEA (970) Phone CenturyLink (800) Page 16

17 Directions to Property Starting from Renfrow Realty Office at 1832 South Townsend Ave., Montrose, CO Office number (970) Page 17

18 Montrose County Assessor Property Account Detail* Parcel 4 Account Detail Account: R Owner Information Owner Name MONTROSE VALLEY DEVELOPMENT LLC Estimated Tax Information Tax Year Taxes 2017 $3, Version End MAX Parcel Number Tax Area Id Legal Description Situs Address 755 SPRING CREEK RD City MONTROSE Legal Summary S: 28 T: 49 R: 9 A TRACT OF LAND IN THE SW DESC BY M/B IN BK 881 PG 742. ADD COURT ORDER DECREE RECEPTION Assessment Information Actual Year House Built:1953 Actual (2017) $688,650 Assessed $54,810 Type Actual Assessed Acres SQFT Units Improvements $93,650 $7, Land $595,000 $47, *For more information please contact the Montrose County Assessor at (970) Page 18

19 Parcel #5 General Information Parcel 5 is acres with two recreational ponds Lot also has: ~ 2 duplexes 489 A and B W. Main St.(p. 22,23); 551 & 555 W. Main St. (p.24,25) ~ 3 mobile homes W. Main St. (p.27-29) W. Main St. (p.30,31) W. Main St. (p ) UTILITIES Water Well water Sewer City of Montrose (970) Gas Black Hills (800) Electricity DMEA (970) Telephone CenturyLink (800) Cable Charter Spectrum (877) Zoned B-2 WATER RIGHTS* Well permits: Rasmussen Well (Permit #32933) Booher Well (Permit #249066) Irrigation Water: Uncompahgre Valley Water User Association (970) W. Main = 3.0 shares 2017 fees = $ *Water rights information should be verified Page 19

20 Approximate Well Locations Rasmussen Well (#32933) Booher Well (#249066) Page 20

21 Directions to Parcel 5: 489 A, 489 B, 551, 555, 601, 605 & 609 W. Main St. Starting from Renfrow Realty Office at 1832 South Townsend Ave., Montrose, CO Office number (970) Page 21

22 489 A and B W. Main St 1,401 sq. ft. duplex Located at the corner of W. Main St. and Chipeta Rd. Page 22

23 489 A and B W. Main St Floor Plan* *Measurements are approximate and not drawn to scale A 489 B 575 sq. ft. 826 sq. ft. 489 A 489 B Page 23

24 Parcel #5 551 and 555 W Main St Photographs 555 W Main 551 W Main Page 24

25 Parcel #5 551 & 555 W Main St Floor Plan 555 W Main 825 sq.ft. 2 Bedroom/1 Bath Washer/Dryer hookups 551 W Main 1130 sq.ft. 3 Bedroom/1 Bath Washer/Dryer hookups Page 25

26 Final Plat for Parcel 5 Del-Mont Consultants, Inc. (970) August 19, 1997 Page 26

27 Montrose County Assessor Property Account Detail* Parcel 5 Account: R Owner Information Account Detail Version End MAX Legal Description Address should be 555 Owner Name MONTROSE VALLEY DEVELOPMENT LLC Estimated Tax Information Tax Year Taxes 2017 $2, Assessment Information Actual (2017) $251,520 Parcel Number Tax Area Id Situs Address 489 W MAIN ST, 551 W MAIN ST, 553 W MAIN ST 601 W MAIN ST, 605 W MAIN ST, 609 W MAIN ST City MONTROSE Legal Summary S: 28 T: 49 R: 9 A TRACT OF LAND IN THE SE4SW AS DESC BY M/B W Main Actual Year Built: & 555 W Main (Duplex) Actual Year Built: 1913 Assessed $32,730 Type Actual Assessed Acres SQFT Units Improvements $163,160 $19, Assessor error. Should read Land $88,360 $13, *For more information please contact the Montrose County Assessor at (970) Page 27

28 Photographs: Parcel #5 601 W Main St. Page 28

29 Parcel #5 601 W Main St Floor Plan & General Information 1,512 sq.ft. 3 Bedroom/2 Bath W/D Hookup Page 29

30 Montrose County Assessor Property Account Detail* 601 Main St. Account: M Account Detail Owner Information Owner Name MONTROSE VALLEY DEVELOPMENT LLC Version End MAX Parcel Number Legal Description Tax Year Estimated Tax Information Taxes Tax Area Id Situs Address 601 W MAIN ST City MONTROSE 2017 $ Assessment Information Legal Summary MBL HOME TITLE: 21E SERIAL: P274300AB YEAR: 1996 MAKE: SCHULT SIZE: 28X58 Actual Year Built: 1996 Actual (2017) $32,920 Assessed $2,620 Type Actual Assessed Acres SQFT Units Improvements $32,920 $2, *For more information please contact the Montrose County Assessor at (970) Page 30

31 Photographs & General Information: Parcel #5 605 W Main St 605 W Main 1,456 sq.ft. Page 31

32 Montrose County Assessor Property Account Detail* 605 Main St. Account Detail Account: M Owner Information Owner Name MONTROSE VALLEY DEVELOPMENT LLC Estimated Tax Information Tax Year Taxes 2017 $74.64 Version End MAX Parcel Number Tax Area Id Situs Address 605 W MAIN ST City MONTROSE Legal Description Legal Summary MBL HOME TITLE: 21E SERIAL: 571A481RL YEAR: 1975 MAKE: BONNAVILLA SIZE: 26X60 Actual Year Built: 1975 Assessment Information Actual (2017) $13,240 Assessed $1,050 Type Actual Assessed Acres SQFT Units Improvements $13,240 $1, *For more information please contact the Montrose County Assessor at (970) Page 32

33 Parcel #5 609 W Main St Page 33

34 Parcel #5 609 W Main St Floor Plan & General Information 609 W Main 1,848 sq.ft. 3 Bedroom/2 Bath Washer/Dryer hookups Page 34

35 Account Detail Montrose County Assessor Property Account Detail* 609 W Main St. Account: M Owner Information Version End MAX Legal Description Owner Name MONTROSE VALLEY DEVELOPMENT LLC Estimated Tax Information Tax Year Taxes 2017 $ Parcel Number Tax Area Id Situs Address 609 W MAIN ST City MONTROSE Legal Summary MBL HOME TITLE: 21E SERIAL: 9639AB YEAR: 1980 MAKE: SEACREST SIZE: 28X70 Actual Year Built: 1980 Assessment Information Actual (2016) $21,220 Assessed $1,690 Type Actual Assessed Acres SQFT Units Improvements $21,220 $1, *For more information please contact the Montrose County Assessor at (970) Page 35

36 Photographs Parcel #7 Parcel 7 is acres of pasture, ponds and wetlands Zoned R-3 and B sq.ft. 1bd, 1ba home Page 36

37 Photographs Parcel # Marine Rd. Page 37

38 Parcel # Marine Rd Floor Plan & General Information UTILITIES Water Riverwood Water Company Sewer City of Montrose (970) Gas Black Hills available, not installed (800) Electricity DMEA (970) Telephone CenturyLink (800) Cable Charter Spectrum (877) WATER RIGHTS* Irrigation Water Uncompahgre Valley Water User Association (970) shares 2017 fees = $250 LEASE INFORMATION House, grounds and stable are all currently leased Call listing office for details *Water rights should be verified. Page 38

39 Directions to Parcel 7: Marine Rd. Starting from Renfrow Realty Office at 1832 South Townsend Ave., Montrose, CO Office number (970) Page 39

40 Montrose County Assessor Property Account Detail* Parcel 7 Account Detail Account: R Owner Information Owner Name MONTROSE VALLEY DEVELOPMENT LLC Version End MAX Parcel Number Legal Description Tax Area Id Estimated Tax Information Tax Year Taxes 2017 $1, Assessment Information Situs Address MARINE RD City MONTROSE Legal Summary S: 28 T: 49 R: 9 A TRACT OF LAND IN THE W2 SW DESC BY M/B Actual Year Built 1982 Actual (2017) $130,230 Assessed $20,440 Type Actual Assessed Acres SQFT Units Improvements $93,550 $15, Land $36,680 $4, *For more information please contact the Montrose County Assessor at (970) Page 40

41 Recap MLS# Parcels Address Excellent investment property Three separate parcels Zoned B2, R3, R4, and MHR Parcel 4 has a 2,112 sq.ft. 3bd/2ba home Parcel 4 has over 0.3 miles of river frontage Acres (MOL) Res. Sq.Ft. Listing Price Parcel 4 and 7 are in a prime location next to the new Colorado Outdoors Parcel 5 has three mobile homes, two duplexes Parcel 7 has a 696 sq.ft. 1bd/1ba home 7 of 9 properties are currently leased The possibilities are endless with this land! Listing Price: $/Acre Spring Creek Rd $1,149,888 $20, A, 489 B, 551, 555, 601, 605, 609 W. Main St $499,888 $46, Marine Rd $349,888 $20,814 4,5,7 755 Spring Creek Rd; 489 A, 489 B, 551, 555, 601, 605, 609 W. Main St; Marine Rd $1,899,888 $22,949 $1,899,888 Contact John Renfrow or Joey Huskey at (970) Page 41

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