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14 photos
Additional details
$1,651,800
Est. payment /mo
1.58 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2859172
HOA Y/N No
Annual Tax Amount $1,878
Tax Year 2024
Lot Size 1.580 Acres
Property Description
Exceptional commercial land opportunity in a rapidly expanding growth corridor between Colorado Springs and Peyton. This 1.58-acre pad site offers prime location, flexible uses, and entry to the market while it continues to grow. Perfect for a quick-service restaurant, but also presenting opportunities for developers, investors and franchisees in a variety of industries, the site offers high vehicular traffic along a major commuting corridor, growing population with strong household incomes, and ample square footage to drive income, along with ample parking. A nearly 400-unit apartment complex is adjacent to the site, and along with close proximity to Sterling Ranch, Banning Lews, Wolf Ranch and Cordera, the site is within easy access to many popular neighborhoods in the northeast corridor. Utilities are at the property line, and a centralized detention pond is already in place. Part of the MW Retail BID, everything is in place to support this vacant land as a solid generator of revenue and growth.
Location
State CO
County El Paso
Area Tallgrass At The Ranch
Building
Lot Description Corner, Level
Water None
Schools
School District District 49
Others
Special Listing Condition Not Applicable
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Listed by The Platinum Group
Nearby School & Business
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Steve Prewitt - CHIC
Broker | Owner | Real Estate Advisor
Broker | Owner | Real Estate Advisor