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35-Unit Multifamily Development Land
For Sale
$6,100,000

201 Tree Farm Drive The Creekside, Basalt, CO 81621

Approved plans support apartments or condominiums within the Tree Farm PUD at The Creekside.

Property SizeContact for details
Days on Market54

Property Features for 201 Tree Farm Drive The Creekside

General Information

Standard status Active
Property subtype Commercial Land
Listing Agency: ENGEL & VOLKERS
Listed By: Harrison Sachs · License #FA.01186135
Source: Aspenexperts
Added: Sep 5 Changed: Oct 25 Last Checked: Oct 26 at 3:26PM

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 ENGEL & VOLKERS

Rey
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Investment Insights

Based on property information with market context.

Commercial land at 201 Tree Farm Drive in The Creekside is offered with approved development rights, permits, and plans for a 35-unit apartment or condominium project. The planned building provides 42,737 square feet of buildable area and includes a mix of studios, one-bedroom, two-bedroom, and three-bedroom residences.

The proposed unit mix consists of 4 studio/one-bath units, 14 one-bedroom/one-bath units, 15 two-bedroom/two-bath units, and 2 three-bedroom/two-bath units. Site improvements include a garage with 28 parking spaces, 30 storage units, and 57 perimeter parking spaces. The property is identified as Lots B2 and B3 within the Tree Farm PUD.

Key Highlights

  • Approved development rights within the Tree Farm PUD
  • 42,737 sq ft buildable area for a planned 35‑unit project
  • Unit mix includes studios, one-, two-, and three‑bedroom residences

Property Analytics

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Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Auto Repair Shop Building Supply Parking Lot & Garage

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

3
Businesses Nearby

Demographics for 81621, CO

6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved plans support apartments or condominiums within the Tree Farm PUD at The Creekside.
Where is this commercial land located?
The property is located at 201 Tree Farm Drive The Creekside Basalt, CO.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Approved development rights within the Tree Farm PUD; 42,737 sq ft buildable area for a planned 35‑unit project; Unit mix includes studios, one-, two-, and three‑bedroom residences
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