0 Tbd Godding Holw Pkwy, Longmont, CO 80504
Exceptional development opportunity awaits with this expansive 35.36-acre parcel located in Longmont, Colorado, in Weld County, zip code 80504, at Tbd Godding Hollow Parkway (40.1169291, -104.9794023). Currently zoned Agricultural/Estate Residential, this property presents significant potential for future growth. The land is situated near the rapidly expanding Town of Frederick, projected to experience a 70% population increase by 2035, necessitating over 2,600 new housing units in the next two decades. This strategic location is further enhanced by its adjacency to land acquired by the St. Vrain Valley School District for a future high school, promising a strong community infrastructure. The Agricultural/Estate Residential zoning allows for both agricultural uses and large-lot single-family development, with a density of one dwelling per five acres permitted under the Estate Residential designation. While not currently annexed into the Town of Frederick, the property falls under the Town's Agricultural/Estate Residential zoning category as detailed in their Comprehensive Plan, accessible online. This prime land offers a unique blend of agricultural potential and high-growth residential prospects, making it an attractive investment for discerning developers. The asking price for this remarkable opportunity is $2,150,000.
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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