7020 Wyoming Ln Colorado Springs, CO 80923
- Land
- 22.18 lot acres
Current Use by Public Records
- Land
Property Details for 7020 Wyoming Ln
- Lot size
- 22.18 lot acres
- Property type
- Land
Description
This exceptional 22.18-acre commercial land parcel presents a unique investment opportunity in Colorado Springs, Colorado. Located at 7020 Wyoming Ln, zip code 80923, this property is zoned RR-5 CAD-O and offers significant potential for various development projects. The land encompasses 966,161 square feet, with an asking price of $4,300,000, translating to $4.49 per square foot and $195,455 per acre. Situated near the Woodmen Road and Black Forest intersection, this location benefits from its proximity to existing and planned developments, including a large-scale multifamily project under construction nearby. The western boundary's adjacency to city limits suggests a strong possibility of annexation, further enhancing its development potential. Available for purchase on December 13, 2023, this property represents a rare chance to acquire a substantial land holding in a rapidly growing area of Colorado Springs. The existing building on the property is 4,953 square feet. This prime location and substantial acreage make this an ideal site for a variety of commercial and multifamily developments. Don't miss this chance to secure a piece of Colorado Springs' burgeoning real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.691
- Latitude
- 38.9325
