8650 Spruce Mountain Rd Larkspur, CO 80118

This 5.68-acre site is zoned as "Planned Development," allowing for mixed-use development, including both residential and numerous commercial uses. The property can be developed into business office buildings, retail stores, restaurants, or even multi-family housing. All 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 dramatically reduced, and a sales tax share-back agreement is in place to offset infrastructure costs, allowing a portion of any 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), this site boasts 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, making for an easy 30-minute commute to both major economic centers, and it's only a 10-minute drive to Castle Rock. A brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features 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.