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Approved Multifamily Development Opportunity
For Sale
$399,000
Pending

1180 Crawford Avenue, Colorado Springs, CO 80911

Approved 22-unit apartment development site in Colorado Springs.

Property SizeContact for details
Lot Size1.16 Acres
Days on Market175

Property Features for 1180 Crawford Avenue

General Information

Standard status Pending
Lot size 1.16 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,423
Listing Agency: UNIQUE PROPERTIES LLC
Listed By: WILL MCCAULEY · License #100087986
Source: Corcoran
Added: Feb 19 Changed: Aug 8 Last Checked: Aug 8 at 6:15AM

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 UNIQUE PROPERTIES LLC

Investment Insights

Based on property information with market context.

This 1.16-acre site, located on Crawford Avenue in the Security-Widefield submarket of Colorado Springs, presents an approved multifamily development opportunity. The site is approved for a 22-unit apartment community, with completed development plans in place. Project approvals are pending final administrative zoning fee payment to achieve full entitlement status. The approved plans feature a modern, efficiently designed three-story apartment building with well-proportioned unit layouts, contemporary architecture, and integrated site planning. The project maximizes density while maintaining tenant livability and operational efficiency. The location is within a suburban residential hub surrounded by parks and major employment drivers, including the nearby Amazon distribution center. The community is known for its park-like atmosphere, anchored by Pi-Ute Park, Windmill Mesa Park, and the Big Johnson Reservoir, providing residents with access to open space, recreation, and neighborhood amenities. The location also benefits from proximity to Fort Carson, Peterson Space Force Base, and the broader Colorado Springs employment corridor, supporting consistent rental demand. This offering is suited for developers seeking a near-term construction start and a streamlined path to completion.

Key Highlights

  • Approved for a 22‑unit apartment community, significantly reducing entitlement risk.
  • Completed development plans allow for a near‑term construction start.
  • Located in the Security‑Widefield submarket of Colorado Springs, a suburban residential hub with strong rental demand.

Property Analytics

Current Use

School District 3 ... Credit Union

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,293
Businesses Nearby

Demographics for 80911, CO

34,577
Population
12,516
Households
2.8
Avg Household Size
35
Median Age
24%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
3,115
Density / Sq Mi
$78,105
Median Household Income
$42,558
Median Earnings
$1,643
Median Rent
$348,900
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved 22-unit apartment development site in Colorado Springs.
Where is this residential land & home lot located?
The property is located at 1180 Crawford Avenue Colorado Springs, CO.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approved for a 22‑unit apartment community, significantly reducing entitlement risk.; Completed development plans allow for a near‑term construction start.; Located in the Security‑Widefield submarket of Colorado Springs, a suburban residential hub with strong rental demand.
More about this property
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