4953 1St St Loveland, CO 80537
Exceptional opportunity to acquire a 2.26-acre commercial land parcel in Loveland, Colorado. This property boasts approximately 1,165 feet of frontage on Buckingham Lake, offering unparalleled lakefront access and breathtaking views of Mariana Butte Natural Area, Boedecker Lake, the foothills, and Longs Peak. Currently zoned R1 – Developing Low Density Residential, subject to the Uniform Development Code (UDC), this land presents significant potential for residential development. The property is fully divisible, with pending approval for wakeless (non-motorized) lake rights for one or more future lots. Its location within the Mariana Butte 24th Subdivision, an annexed and zoned Planned Unit Development (PUD) in the City of Loveland, provides a streamlined development process. Conveniently located near US Highway 34, providing easy access to Rocky Mountain National Park and Estes Park. Enjoy abundant recreational opportunities, including proximity to Boedecker Lake, Mariana Butte Golf Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space. Nearby amenities include numerous restaurants, shopping centers, and grocery stores such as King Soopers and Safeway. A Little Thompson Water District (LTWD) water tap is available on West 1st Street, with a reduced "Cash-in-Lieu" fee option available for a new 5/8 inch conservation (urban) water tap. The property's APN is 9517307001
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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