0 Rogers Road - Ken Pratt Blvd Co Hwy 119 & 3Rd Avenue Longmont, CO 80501

Listing office RE/MAX Elevate k***@kanemoto.com Show Phone

Listing date Mar 19, 2018

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Investment Insights

Based on property information with market context.

This 1.53-acre site presents a development opportunity at the gateway to Longmont's Sugar Mill redevelopment area. The historic Sugar Mill, established in 1902, is undergoing redevelopment with plans for a boutique hotel, restaurant and retail space, a performing arts center, approximately 1,600 multi-family housing units, and 600 townhomes. The residential units are planned as for-sale units ranging from mid-tier affordability to luxury. Located in Longmont, a city with over 100,000 residents and an average household income of $89,720 in 2022, the area is home to employers such as J.M. Smuckers, AGC Biologics, Seagate, FAA, Oskar Blues, and Intrado. Longmont offers citywide gigabit fiber optics for homes and businesses. The property has all of the City of Longmont's raw water requirements met. The cash-in-lieu raw water requirement is currently 3 acre feet per acre at $48,500 per acre foot. This property is located on Rogers Road near Ken Pratt Blvd (Co Hwy 119) & 3Rd Avenue.

Key Highlights

• 1.53 acre site on the Gateway into the Longmont's large Sugar Mill redevelopment site.
• Part of a major redevelopment project including a boutique hotel, restaurant and retail space, performing arts center, and approximately 1,600 multi‑family housing units and 600 townhomes.
• All City of Longmont's raw water requirements are met.

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FAQs

What type of property is this?

Commercial land - 1.53 acre site near Sugar Mill redevelopment.

Where is this commercial land located?

The property is located at 0 Rogers Road - Ken Pratt Blvd Co Hwy 119 & 3Rd Avenue Longmont, CO.

What is the asking price?

The asking price for this property is $1,837,825.

What are key features of this property?

This property features: 1.53 acre site on the Gateway into the Longmont's large Sugar Mill redevelopment site.; Part of a major redevelopment project including a boutique hotel, restaurant and retail space, performing arts center, and approximately 1,600 multi‑family housing units and 600 townhomes.; All City of Longmont's raw water requirements are met.