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415 Franceville Coal Mine Rd

38.5 Acres of Commercial Land Offered at $5,000,000 in Colorado Springs, CO 80929

Investment Highlights

  • High traffic and rapidly growing traffic visibility
  • Early access market capture in the area
  • Future sub-division into services, retail and storage type uses, which are nearly non-existent at this time

Executive Summary

Ideally situated 5 miles east of Marksheffel along Hwy 94, half way between Schriever SFB and Peterson SFB.
Early opportunity to get into property within the Colorado Springs Annexation plan for the Hwy 94 Corridor out to Schriever and the up and coming Flying Horse East development. Flying Horse East is 5,500 acres and will include 30,000 housing units, commercial properties, multiple schools, 2 golf courses and hotels. Numerous other developments underway: Mayberry - 2,550 housing units, Reagan Ranch - 1,600 units, plus Schriever Space Force Base with 8,000 military and civilian employees.
Currently 10,500 vehicles per day pass this high-visibility property on the SEC or Hwy 94 and Franceville Coal Mine Road.
Numerous high-use hotspots nearby: 2x dirt race tracks with multiple events/races, Colorado’s larges multi-use gun club, and Colorado Springs recently purchased 1,000 acres for the Wild Horse Ranch park and open space south on Franceville Coal Mine Road.
The site has 20 acres prepped for RV storage, but near limitless opportunities to adjust as desired in site development plan.

Property Facts

Price $5,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Auto Dealership
  • Auto Repair
  • Carwash
  • Convenience Store
  • Medical
  • Parking Lot
  • Restaurant
  • Service Station
  • Storefront, Retail or Office
  • Strip Center
Total Lot Size 38.50 AC

1 Lot Available

Lot

Price $5,000,000
Price Per AC $129,870
Lot Size 38.50 AC

5 miles east of C.Springs along Hwy 94, in city’s annexation corridor toward Schriever SFB and the up-n-coming Flying Horse East development with 30,000 res units, Mayberry – 2,550 units, Reagan Ranch - 1600 units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44000-00-565
Land Assessment
$370
Improvements Assessment
$0
Total Assessment
$370

zoning

Zoning Code CS - Commercial Service (The CS zoning district is intended to accommodate retail, wholesale or service commercial uses that serve the general public.)
CS - Commercial Service (The CS zoning district is intended to accommodate retail, wholesale or service commercial uses that serve the general public.)
  • Listing ID: 30321989

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 415 Franceville Coal Mine Rd, Colorado Springs, CO 80929

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