Property profile

183 Crystal Park Rd Manitou Springs, CO 80829

OFF-MARKET
Land
9.04 ac lot
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Property summary

AI-generated overview

Exceptional 9.04-acre commercial and residential land parcel in Manitou Springs, Colorado, is available for $4,500,000. This stunning property boasts breathtaking views of Pikes Peak and Garden of the Gods. The land features Sutherland Creek running through it, adding to its natural beauty and appeal. The property has a rich history, previously housing the McLaughlin Lodge. An approved plat, ready for recording, divides the land into approximately 30 lots, offering significant development potential. Seven of these lots remain as raw land, while others are pre-sold as individual lots or cabin sites. The property is zoned LDR. Seller financing or partnership options are available for qualified buyers. This unique opportunity combines prime location, stunning scenery, and immediate development potential, making it an ideal investment for discerning buyers seeking a high-return venture in a desirable Colorado location. The property's address is 183 Crystal Park Rd, Manitou Springs, CO 80829, within El Paso County.

Property profile

Verified
Property type Land
Lot 9.04 ac (393,782 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization

Location

183 Crystal Park Rd Manitou Springs, CO 80829
Manitou Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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