8650 Spruce Mountain Rd Larkspur, CO 80118

This 5.68-acre site, zoned as "Planned Development," allows for mixed-use development, accommodating both residential and numerous commercial uses. The property is suitable for business office buildings, retail stores, restaurants, or multi-family housing. Essential utilities are available, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable. Tap fees for public water and sewer are reduced, and a sales tax share-back agreement is in place to offset infrastructure costs, allowing for a portion of sales taxes generated from businesses developed on the site to be received. Located just half a mile off I-25 at the Larkspur Exit (Exit #173), the site features 614 feet of frontage along Spruce Mountain Road, the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, approximately a 30-minute commute to both major economic centers, and a 10-minute drive to Castle Rock. A new Costco is scheduled to be built approximately 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which includes playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Restaurants, shops, and other businesses are within walking distance.