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    2968 N State Highway 83 Franktown, CO 80116

    For Sale
    $750,000

    High-visibility 7.5-acre corner lot near Franktown, Colorado.

    Property Features for 2968 N State Highway 83

    General Information

    Standard status
    Active

    Source: REALTY ONE GROUP ELEVATIONS, LLC Agent JAMES KRODEL

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

    Overview

    7.5-Acre Corner Lot Opportunity

    This 7.5-acre corner lot is located on S Parker Rd (Highway 83) and E Park Dr, just north of Franktown. The property offers high visibility and road frontage along a major thoroughfare, positioning it in an area of future growth. Zoned ER (Estate Residential) per Douglas County, the land supports various uses, including residential, churches, schools, in-home daycare, and elder care. Special-use approval may be possible for larger churches, veterinary hospitals, and private sports or recreational facilities. Buyers should verify intended uses with Douglas County Planning. This parcel offers flexibility and long-term upside for building or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Garden Center Daycare Center Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Franktown
    County
    Douglas
    State
    Colorado
    Longitude
    -104.757658
    Latitude
    39.411272

    Nearby Similar for Sale

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    • $2,950,000
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      Franktown Commercial Redevelopment Opportunity

      Commercial property with redevelopment potential in Franktown, Colorado.
      2031 N State Highway 83, Franktown, CO 80116
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    FAQs

    What type of property is this?
    Land - High-visibility 7.5-acre corner lot near Franktown, Colorado.
    Where is this land located?
    The property is located at 2968 N State Highway 83 Franktown, CO.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime 7.5-acre corner lot location on S Parker Rd (Hwy 83) and E Park Dr, just north of Franktown.; - High visibility and excellent road frontage on a major thoroughfare.; - Zoned ER (Estate Residential) with potential for various uses including residential, churches, schools, and care-based services.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2968 N State Highway 83 Franktown, CO 80116
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