8.35 acre commercial land ripe for neighborhood development.
Property Size363,726 SF
Lot Size8.35 Acres
Price / SF$4.11
Days on Market2414
Property Features for 3415 Double Tree Ct
General Information
Standard statusActive
Size363,726 SF
Lot size8.35 Acres
Property subtypeLand
ZoningPUD
Listing Agency:Next Level Development, Inc.
Listed By:Wayne Timura · License #CO CO ER40025337
Source:Crexi
Added: Feb 27, 2020Changed: Sep 13Last Checked: Oct 5 at 6:57PM
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 Next Level Development, Inc.
Investment Insights
Based on property information with market context.
For sale is an 8.35-acre site of prime commercial land, ideally located at the northwest corner of Highway 83 and Hodgen Road in Cherry Creek Crossing, Colorado Springs. Situated in the path of significant residential growth, just north of Flying Horse North and High Forest Ranch, this property presents a great opportunity for a commercial village-style neighborhood development to provide much-needed professional and retail services. The site benefits from high visibility and a primary travel corridor with a full-movement signaled intersection, with a daily traffic volume of over 13,000 vehicles on Highway 83. The location is surrounded by high-quality, high-end neighborhoods, including Cherry Creek Crossing (110 homes), Flying Horse North, High Forest Ranch, Walden Preserve, Timber Meadows, and Kings Deer. Electric, gas, and voice/data utilities are available, along with significant water rights of 11.2 acre-feet. The property is zoned PUD and is suitable for various uses, including a fuel-convenience store, childcare facilities, and office/retail spaces. Potential tenants include coffee shops, sub/pizza restaurants, professional/medical offices (attorneys, CPAs, insurance agencies, veterinary clinics, dentists, chiropractors), self-storage facilities, and childcare providers. The Flying Horse North development, located southeast of the Cherry Creek Crossing property, anticipates 846 residential units and a 275-room resort hotel; a golf course and several homes have already been constructed.
Key Highlights
Prime commercial land (8.35± Acres) in path of significant residential growth.
High visibility location at a full movement signaled intersection on Highway 83.
PUD Zoning allows for a commercial village style neighborhood development.
Property Analytics
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Current Use
Commercial land
Suggested Use
Top PickBuilding SupplyDental OfficeReal Estate AgencyLaw FirmCarpet & Flooring StoreGym & Fitness Center
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
24
Businesses Nearby
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Business Placement
Demographics for 80921, CO
25,158
Population
10,412
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
98%
High-School Grad
49.0 sq mi
ZIP Area
513
Density / Sq Mi
$143,996
Median Household Income
$70,422
Median Earnings
$2,212
Median Rent
$647,600
Median Home Value
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Commercial land - 8.35 acre commercial land ripe for neighborhood development.
Where is this commercial land located?
The property is located at 3415 Double Tree Ct Colorado Springs, CO.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime commercial land (8.35± Acres) in path of significant residential growth.; High visibility location at a full movement signaled intersection on Highway 83.; PUD Zoning allows for a commercial village style neighborhood development.
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New: 350 Mission StJust listed · $36/SF · 2 min ago