833 State Highway 52 Erie, CO 80516
This exceptional 54-acre property, located in Weld County and annexed into the Town of Frederick, Colorado, presents a unique investment opportunity. Situated just off Highway 52, it offers unparalleled convenience with easy access to I-25 (3.12 miles) and Highway 287 (3.37 miles), providing effortless commutes to Longmont, Boulder, Erie, Frederick, Firestone, and even Denver. The property boasts breathtaking mountain and water views, and its master-planned design allows for flexible parcel sizing options. Included is a substantial 11,108 square-foot brick ranch home, constructed in 2000, featuring a walkout basement, six bedrooms, and seven bathrooms. This property is part of a larger master-planned community within the Town of Frederick, ensuring a smooth transition of ownership. A preliminary platted residential subdivision plan is in place, outlining approximately 132 residential lots, including over 26 lakefront lots. A metro district has been established. The property's prime location, combined with its development potential and existing infrastructure, makes it an ideal investment for those seeking to capitalize on its exceptional attributes. The permitted zoning is residential, and the property is offered as a 1031 exchange opportunity. The APN is 131331400023.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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