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!
Active
$545,000
Lot 2(TBD) Wilson Avenue, Olathe, CO 81425
--beds
--baths
2.27Acres
Unimproved Land
Built in ----
2.27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Zoned for residential useCapturing stunning mountain viewsNewly finished topographic survey
- 420 days |
- 20 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 08:39pm
Listed by:
Todd Schroedel 970-318-2160,
United Country Sneffels Realty
Source: CREN,MLS#: 818923
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Other, Valley
- Frontage type: 2nd-wilson-highway
Lot
- Size: 2.27 Acres
- Dimensions: 411 x 261
- Features: Boundaries Surveyed, Corners Marked, Cul-De-Sac, Foothills
- Topography: Level,Sloping
Details
- Parcel number: 372310400028
- Zoning description: Other,Residential Multi Family,Residential Single Family
Utilities & green energy
- Sewer: Central, Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception, Phone Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Olathe
- Elevation: 5355
Financial & listing details
- Annual tax amount: $5,119
- Date on market: 10/22/2024
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Listed for sale | $545,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 81425
Nearby schools
GreatSchools rating
- 4/10Olathe Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Olathe High SchoolGrades: 6-12Distance: 0.2 mi
- NAOlathe Middle SchoolGrades: 6-8Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Olathe K-5
- Middle: Olathe 6-8
- High: Olathe 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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