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405 E Meadows Dr - Glenwood Meadows

0.96 Acres of Residential Land Offered at $1,200,000 in Glenwood Springs, CO 81601

Executive Summary

This exceptional lot, originally designated for a restaurant in the approved Planned Unit Development (PUD),
has been meticulously re-envisioned for multifamily development, following a comprehensive approval process.
Strategically situated along major mass transit routes, "Lot 8" not only promises ease of access but also boasts
ample parking space, setting the stage for ahigh-density residential project. Its location in Glenwood Meadows,
a vibrant and well-established area, ensures constant exposure to high traffic ic and visibility, enhancing the allure
for potential residents.
Glenwood Meadows is renowned for its dynamic mix of commercial entities, having launched with substantial
big-box retail and a variety of flourishing local businesses. The ongoing second phase has successfully
introduced high-density residential housing, with the existing units fully leased and a growing wait-list,
underscoring the robust demand in this thriving community.
Seize this opportunity to contribute to the Glenwood Meadows legacy by developing "Lot 8" into a residential
haven that resonates with modern living, convenience, and style. The stage is set for you to leave a lasting mark
in one of Glenwood Springs' most desirable locales.

Property Facts

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.96 AC

1 Lot Available

Lot

Price $1,200,000
Price Per AC $1,255,230
Lot Size 0.96 AC

Flat lot approved for multi family/mixed use/restaurant pad with drive thru.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R041495
Land Assessment
$195,190
Improvements Assessment
$0
Total Assessment
$195,190

zoning

Zoning Code C2 (Entitlements for Multi-family in place until November 2024)
C2 (Entitlements for Multi-family in place until November 2024)
  • Listing ID: 31439971

  • Date on Market: 4/6/2024

  • Last Updated:

  • Address: 405 E Meadows Dr, Glenwood Springs, CO 81601

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