FOR SALE: ±66 Ac Mixed-Use Development (N. Denver) Mead CO
±66 Acre Development Opportunity
Marketing description
Harvest MXD Inc. (HMXD) has been exclusively retained to execute the sale of ±66 acres (±56 acres net) of mixed-use development land located at the hard northwest corner of Interstate 25 and Highway 66 in Mead, Colorado (the “Property”). The Property is the last remaining developable parcel available for purchase at this high-traffic, major intersection, which is one of the few diamond interchanges between north Denver and Fort Collins along I-25, which are 35 miles south and 30 miles north respectively.
In-migration from east and west coast markets has continued as individuals seek better quality of life and greater affordability. This trend is rapidly expanding the populations of Denver, Boulder and Fort Collins which is overflowing into once rural towns, like Mead. These towns are quickly becoming coveted suburban in-fill locations. Residents of these areas can access world-class outdoor recreational opportunities by car or bicycle within 10-30 minutes.
Downtown Denver is a 30–45-minute commute directly south along I-25, with an optional bus rapid transit station within walking distance to the Property. Longmont is approximately 15 minutes west providing access to major retail and entertainment options. National and international connectivity is provided by Denver International Airport, approximately 45 minutes southeast.
The Property provides excellent visibility and access to nearly 100,000 vehicles per day and is uniquely suited with in-place zoning for a variety of commercial uses including multifamily, retail, restaurant and hotel.
The Property provides developers a rare opportunity to execute a horizontal mixed-use development in one of the fastest growing states and MSA’s in the country.
Investment highlights
RAPIDLY GROWING MARKET: According to Axios, Denver has the 6th fastest growing economy in the U.S. and has become a magnet for professionals working from home amid a nationwide migration away from more densely populated urban areas. Fort Collins is the 9th fastest growing city in the U.S. according to U.S. News & World Report and ranked #12 of America’s Biggest Boomtowns by Checkr.com.
PROXIMATE TO MAJOR EMPLOYMENT NODES: The six largest corporations headquartered in Denver include Arrow Electronics, Molson Coors Brewing Co., Chipotle Mexican Grill Inc., WhiteWave Foods, Richmond American Homes, and Woodward Inc. Longmont, located less than 5 miles west, is part of Boulder County, the nation’s most educated. It is home to several advanced technology companies including IBM, Google, Microsoft, Oracle, Seagate, and Lockheed Martin.
EXCELLENT ACCESS & REGIONAL CONNECTIVITY: The Property is well located at the major intersection of Highway 66 and Interstate 25, one of the few diamond interchanges along I-25 between Denver and Fort Collins. Denver International Airport is approximately 45 minutes southeast.
ABUNDANT NATURAL & RETAIL AMENITIES: Unlimited recreational opportunities within the Rocky Mountains can be accessed within less than 1 hour of the property. Longmont, approximately 10 minutes west of the Property, is home to highly desired retailers including Whole Foods, Costco, Target, and Walmart.
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