$17,000,000
Grandview Reserve
Details
Property Type Land
Sub Type Agricultural, Residential
Acreage 750.000
Zoning PUD/RR 2.5/Ag
Sale Condition N/A
750 acres directly in the path of residential development.
Marketing description
Approximately 750 acres directly in the path of development located on the eastern edge of the historically hot market of Colorado Springs. The Meridian Ranch development of approximately 5,000 homes is right across the street and almost built out. Significant entitlement work has been done, including an approved Sketch Plan which allows for 3,261 residential units, 190 acres already zoned PUD and 3 approved Metro-Districts. The location on HYW 24 provides for very high visibility marketing and convenient access to military bases, defense contractors, other employers and the airport.
Investment highlights
- Approximately 750 acres directly in the path of development located on the eastern edge of the historically hot market of Colorado Springs.
- Significant entitlement work has been completed.
- 190 acres already zoned PUD and 3 approved Metro-Districts.
- Approved Sketch Plan which allows for 3,261 residential units and has 3 existing Metro-Districts
- 190 acres already zoned PUD and 3 approved Metro-Districts.
- Approved Sketch Plan which allows for 3,261 residential units and has 3 existing Metro-Districts
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
