Riverfront Commercial
New
For Sale
$2,900,000
115 & 101 E Cardinal Way, Parachute, CO 81635
Commercial Land, Parachute, CO
Property SizeContact for details
Lot Size14.64 Acres
Days on Market2
Property Features for 115 & 101 E Cardinal Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
Parachute exit, right on thoroughfare property on the left. Across from LOVES and McDonalds.
Subdivision
Parachute
Standard status
Active
APN
000000000
Lot size
14.64 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 2 AS PER AMENDED PLAT RECEPTION NO. 943607 3.095 ACRES Legal description QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 3 AS PER AMENDED PLAT RECEPTION NO. 943607 11.536 ACRES
Tax Annual Amount
23936
Legal Description
QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 2 AS PER AMENDED PLAT RECEPTION NO. 943607 3.095 ACRES Legal description QUARTER: NW SECTION: 7 TOWNSHIP: 7 RANGE: 95 SUBDIVISION: T AND T ASSOCIATES MINOR SUBDIVISION LOT: 3 AS PER AMENDED PLAT RECEPTION NO. 943607 11.536 ACRES
Listing Agency:
United Country Real Colorado Properties
(970) 256-9700
Listed By:
Michael S Kreig
(970) 640-4772
Added: Oct 19
Last Checked: Oct 20 at 12:06AM
MLS# 194937
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Two separate tracts make up this commercial land offering, with river frontage and commercial zoning. The Town of Parachute has accepted and provided 57 water tap approvals. Existing street work includes curbs and gutters.
A bike path and hiking paths run along the river frontage. The property has been identified for consideration as a hotel or hospitality site, as well as for multifamily development.
A bike path and hiking paths run along the river frontage. The property has been identified for consideration as a hotel or hospitality site, as well as for multifamily development.
Key Highlights
- River frontage with a bike path and hiking paths
- 57 water tap approvals accepted and provided by the Town of Parachute
- Two separate tracts
Property Analytics
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Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
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Business Placement
Demographics for 81635, CO
7,185
Population
3,066
Households
2.3
Avg Household Size
34
Median Age
24%
College-Educated
89%
High-School Grad
331.5 sq mi
ZIP Area
22
Density / Sq Mi
$68,865
Median Household Income
$41,082
Median Earnings
$998
Median Rent
$251,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial zoning and 57 town-accepted water tap approvals are in place for development planning.
Where is this commercial land located?
The property is located at 115 & 101 E Cardinal Way Parachute, CO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: River frontage with a bike path and hiking paths; 57 water tap approvals accepted and provided by the Town of Parachute; Two separate tracts
