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    Lucky Lady Dr Woodland Park, CO 80863

    For Sale
    $1,800,000

    8.41 Acres, PUD Zoning, Mountain Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 8.41-acre commercial land parcel presents a unique investment opportunity in the desirable Woodland Park, Colorado. Boasting breathtaking views of the Shining Mountain Golf Course and majestic Pikes Peak, this property is ideally situated in Teller County, at 39.0183113 latitude and -105.0809725 longitude, with easy access via Lucky Lady Dr, zip code 80863. Currently zoned PUD (Planned Unit Development), the land has already received approval for 38 individual water taps, significantly streamlining the development process. This pre-approved infrastructure makes the site exceptionally attractive for various projects. The asking price is $1,800,000, translating to approximately $214,031 per acre, reflecting the prime location and development potential. While a planned unit development is feasible, the zoning also allows for exploration of higher-density multi-family housing options, catering to the growing demand for residential properties in this picturesque mountain setting. The proximity to Colorado Springs offers the convenience of a larger city while retaining the charm and tranquility of mountain living. This is a rare chance to acquire a substantial tract of land with significant upside potential in a highly sought-after Colorado location. Don't miss this opportunity to capitalize on the beauty and potential of this remarkable property.

    Property Features for 0 Lucky Lady Dr

    General Information

    Property type
    Land
    Lot Size
    366,340 SF

    HighLights

    • $1,800,000 asking price.
    • 8.41‑acre commercial land parcel.
    • Located in Woodland Park, CO, 80863.
    • PUD zoning.
    • $214,031 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Woodland Park
    County
    Teller
    State
    Colorado
    Longitude
    -105.0809725
    Latitude
    39.0183113

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    FAQs

    What type of property is this?
    Land - 8.41 Acres, PUD Zoning, Mountain Views
    Where is this land located?
    The property is located at Lucky Lady Dr Woodland Park, CO.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price.; 8.41-acre commercial land parcel.; Located in Woodland Park, CO, 80863.
    (719) 530-4400
    Request Owner's contact information
    Lucky Lady Dr Woodland Park, CO 80863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lucky Lady Dr Woodland Park, CO 80863
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