Larkspur Mixed-Use Development
8650 Spruce Mountain Road, Larkspur, CO 80118
5.68-acre mixed-use site near I-25 with development incentives.
- Added:
- Apr 26, 2025
- Days on Market:
- 378
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 8650 Spruce Mountain Road
General Information
- Standard status
- Active
Listing agent DAVE GARDNER
Listing office RESULTS REALTY OF COLORADO
Listing date Apr 26, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RESULTS REALTY OF COLORADO
HighLights
- Prime location with easy access to I‑25 (Exit 173), centrally located between Denver and Colorado Springs.
- Zoned for MIXED‑USE development, permitting residential and numerous commercial uses.
- Significant financial incentives: Reduced tap fees for water/sewer and a Sales Tax Share‑back Agreement.
- All essential utilities available: public water/sewer, natural gas, electricity, and high‑speed Comcast/Xfinity cable.
- Adjacent to Larkspur Town Hall and Larkspur Town Park with extensive recreational amenities.
- High visibility with 614 feet of frontage on Spruce Mountain Road and proximity to a future Costco (4 miles).
Overview
This 5.68-acre site, zoned as "Planned Development," allows for mixed-use development, accommodating both residential and numerous commercial uses. Permitted developments include 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 dramatically 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. The property is located just half a mile off I-25 at the Larkspur Exit (Exit #173), with 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 brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features 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, with views of the nearby buttes and mesas.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Larkspur
- County
- Douglas
- State
- Colorado
- Longitude
- -104.883
- Latitude
- 39.2348
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 5.68-acre mixed-use site near I-25 with development incentives.
Where is this commercial land located?
The property is located at 8650 Spruce Mountain Road Larkspur, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime location with easy access to I‑25 (Exit 173), centrally located between Denver and Colorado Springs.; Zoned for MIXED‑USE development, permitting residential and numerous commercial uses.; Significant financial incentives: Reduced tap fees for water/sewer and a Sales Tax Share‑back Agreement.
