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895 Arcturus Dr

1.1 Acres of Commercial Land Offered at $799,000 in Colorado Springs, CO 80906

Investment Highlights

  • Lot can handle up to 27 units

Executive Summary

Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Schools, Near Shopping Center

Property Facts

Price $799,000
Sale Type Investment
Sale Conditions Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 1.10 AC
Cross Streets Green Star Dr

1 Lot Available

Lot

Price $799,000
Price Per AC $723,142
Lot Size 1.10 AC

Corner, Level, Meadow, Mountain View

Description

BROADMOOR/SKYWAY MARKET-1.11 ACRES, *GREAT LOCATION-HIGH EXPOSURE TO 8TH STREET, IDEAL FOR MIX USE DEVELOPMENT, *CITY UTILITIES-*ZONED C-5, MX-M (COMMERCIAL, RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT OF NEW ACTIVITY CENTERS IN EMERGING GROWTH AREAS. HIGH-RISE MULTI-FAMILY RESIDENTIAL ABUTTING TO THE SOUTH WITH PROPOSED MULTI-FAMILY RESIDENTIAL TO THE SOUTH WEST.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
74252-00-063
Land Assessment
$70,820
Improvements Assessment
$0
Total Assessment
$70,820

zoning

Zoning Code C5 (ZONED C-5, MX-M (COMMERCIAL,RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT)
C5 (ZONED C-5, MX-M (COMMERCIAL,RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT)
  • Listing ID: 28716592

  • Date on Market: 6/10/2023

  • Last Updated:

  • Address: 895 Arcturus Dr, Colorado Springs, CO 80906

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