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Land with Development Potential
For Sale
$4,995,000

404 Brooks Lane, Eagle, CO 81631

Large lot suitable for development or rental income.

Lot Size5.51 Acres
Days on Market146

Property Features for 404 Brooks Lane

General Information

Standard status Active
Lot size 5.51 Acres
Property subtype Commercial

Building Details

Year Built 1980
Listing Agency: KELLER WILLIAMS MTN PROPERTIES- EDWARDS
Listed By: ANDREW M GOULD
Source: Corcoran
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 30 at 7:58AM

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 KELLER WILLIAMS MTN PROPERTIES- EDWARDS

Investment Insights

Based on property information with market context.

This property features a large lot with development potential. The site currently generates income from nine trailer lots and several storage leases. Engineering studies have been completed and suggest the potential for constructing 44 condominiums or townhomes.

Key Highlights

  • Large lot with great development potential.
  • Potential for 44 condos or townhomes (engineering completed and available).
  • Income generation from 9 trailer lots.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby

Demographics for 81631, CO

9,017
Population
3,137
Households
2.9
Avg Household Size
39
Median Age
52%
College-Educated
93%
High-School Grad
220.4 sq mi
ZIP Area
41
Density / Sq Mi
$104,430
Median Household Income
$54,994
Median Earnings
$1,685
Median Rent
$717,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Large lot suitable for development or rental income.
Where is this commercial land located?
The property is located at 404 Brooks Lane Eagle, CO.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Large lot with great development potential.; Potential for **44 condos or townhomes** (engineering completed and available).; Income generation from 9 trailer lots.
More about this property
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