635 Stahl road, Paonia, Colorado, 81428
A premium investment and income property has come on the market in Paonia, Colorado—the Stahl Orchard and Farm Market is for sale. Situated at the main entrance to the Town of Paonia, the property borders the west boundary of the town. Comprised of over 30 acres in 5 different parcels, the Stahl properties offer an interesting mix of development land, homes, orchards, riverfront property, and irrigated ranch land directly in the path of development.
There are two main entries into Paonia from Colorado 133, which is the main artery through the upper North Fork Valley. One is located directly north of town and goes straight south through Grand Avenue, which is the main street in town. Paonia High School takes up significant frontage on this artery, and at other points slopes off very steeply to wetlands below. The other entry is via Samuel Wade Road, which is a main intersection with a busy “Stop N Save” convenience store on the west side of Highway 133. The Stahl Orchard property has its own entry on Stahl Road just to the west of Samuel Wade Road, as well as significant frontage on Highway 133 right across from the Stop N Save and also along Samuel Wade Road. These properties are prime locations for commercial and residential expansion in Paonia.
Five different parcels, each with their own attributes—Paonia real estate for sale
The Stahl Orchard properties are offered in five different parcels:
All told, the 30 acres of properties in the Stahl portfolio have 4 taps—2 West Paonia Water Company taps (1 unused) and 2 Pitkin Mesa Water Company taps. That is obviously not enough water to serve a large development or commercial use. Currently the Town of Paonia water company has a moratorium on issuing new taps, as the town experienced a water shortage two years ago. There were three simultaneous breaks in the system that basically drained the entire system. Once repaired, the system efficiency improved to above standards for small Colorado towns, but the voters’ confidence was shaken, and driven by a fear-based campaign, narrowly voted to approve the moratorium. However, there are over 400 unused Town of Paonia taps, a large bloc of which are owned by one corporate entity that may wish to see growth occur. These parcels are entirely outside the town limits, but it makes sense to have them annexed within the town. Sewer lines are extended through the properties and sewer connections are easy to hook up. Power and natural gas is readily available. Currently an engineering firm has been commissioned to provide a report on the status of the water system to determine if additional taps can be issued, and that report is due sometime in the summer of 2020.