Larkspur Mixed-Use Development
8650 Spruce Mountain Road, Larkspur, CO 80118
For Sale
$950,000
5.68-acre mixed-use site near I-25 with utilities.
Property SizeContact for details
Days on Market569
Property Features for 8650 Spruce Mountain Road
General Information
Standard status
Taxes and HOA fees
Annual Taxes
Listing Agency:
RESULTS REALTY OF COLORADO
Listed By:
DAVE GARDNER
Source:
Corcoran
Added: Apr 25, 2025
Changed: Mar 16
Last Checked: Oct 24 at 3:33PM
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 RESULTS REALTY OF COLORADO
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Investment Insights
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This 5.68-acre site, zoned as "Planned Development," allows for mixed-use development, accommodating both residential and numerous commercial uses. The property is suitable for business office buildings, retail stores, restaurants, or multi-family housing. Essential utilities are available, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable. Tap fees for public water and sewer are reduced, and a sales tax share-back agreement is in place to offset infrastructure costs, allowing for a portion of sales taxes generated from businesses developed on the site to be received. Located just half a mile off I-25 at the Larkspur Exit (Exit #173), the site features 614 feet of frontage along Spruce Mountain Road, the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, approximately a 30-minute commute to both major economic centers, and a 10-minute drive to Castle Rock. A new Costco is scheduled to be built approximately 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which includes playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Restaurants, shops, and other businesses are within walking distance.
Key Highlights
- Prime location: Centrally located between Denver and Colorado Springs with easy access to I‑25, offering a convenient commute to both cities.
- Flexible zoning: Zoned "Planned Development" allowing for mixed‑use development.
- Reduced infrastructure costs: Enjoy dramatically reduced tap fees for public water and sewer, plus a sales tax share‑back agreement.
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Location Intelligence
Trade Area within ½ mile
95
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Demographics for 80118, CO
6,057
Population
2,273
Households
2.7
Avg Household Size
53
Median Age
64%
College-Educated
99%
High-School Grad
131.0 sq mi
ZIP Area
46
Density / Sq Mi
$153,368
Median Household Income
$72,031
Median Earnings
$2,457
Median Rent
$826,900
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.68-acre mixed-use site near I-25 with utilities.
Where is this commercial land located?
The property is located at 8650 Spruce Mountain Road Larkspur, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime location: Centrally located between Denver and Colorado Springs with easy access to I‑25, offering a convenient commute to both cities.; Flexible zoning: Zoned "Planned Development" allowing for mixed‑use development.; Reduced infrastructure costs: Enjoy dramatically reduced tap fees for public water and sewer, plus a sales tax share‑back agreement.
