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12192 E 3Rd Ave Longmont, CO 80501

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For Sale
$4,653,080

7.64-acre land parcel near Longmont's Sugar Mill redevelopment site.

Lot size:
7.64 Acres

Property Features for 12192 E 3Rd Ave

General Information

Zoning
Mixed-Use Employment (MU-E)
Lot size
7.64 Acres
Source: Remaxcommercial

Listing Agent: Keith Kanemoto

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Longmont Land Parcel Near Redevelopment

This 7.64-acre site is located on the gateway into Longmont's Sugar Mill redevelopment site. The historic Sugar Mill, constructed in 1902, is undergoing redevelopment, with plans for a boutique hotel, restaurant and retail space, a performing arts center, approximately 1,600 multi-family housing units, and 600 townhomes. The residential component will consist of for-sale units ranging from mid-tier affordability to luxury. The City of Longmont has over 100,000 residents with an average household income in 2022 of $89,720. Major employers in Longmont include J.M. Smuckers, AGC Biologics, Seagate, FAA, Oskar Blues, and Intrado. Longmont offers citywide gigabit fiber optics for homes and businesses. The property has all of the City of Longmont's raw water requirements met. The cash-in-lieu raw water requirement is 3 acre feet per acre at $48,500 per acre foot. The property is located in Southeast Longmont.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Longmont
County
Weld
State
Colorado
Longitude
-105.134659
Latitude
40.168056

FAQs

What type of property is this?
Land - 7.64-acre land parcel near Longmont's Sugar Mill redevelopment site.
Where is this land located?
The property is located at 12192 E 3Rd Ave Longmont, CO.
What is the asking price?
The asking price for this property is $4,653,080.
What are key features of this property?
This property features: - 7.64-acre site on the Gateway into the Longmont Sugar Mill redevelopment site.; - Part of a large-scale redevelopment project including a boutique hotel, restaurant/retail space, performing arts center, and approximately 1,600 multi-family units and 600 townhomes.; - All City of Longmont's raw water requirements are met.
More about this property
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