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Property profile & analytics
OFF-MARKET
Land

31720 Rocky Vlg Dr Evergreen, CO 80439

1.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.88-acre commercial land parcel presents a unique investment opportunity in the heart of Evergreen, Colorado. Located at 31720 Rocky Village Drive, 80439, this property boasts a highly desirable P-D zoning designation, making it ideally suited for multifamily development. The site's strategic location offers unparalleled convenience, situated adjacent to established amenities such as Rocky Mountain Village Condos, King Soopers, and Natural Grocers, catering to a thriving community. Proximity to parks, walking/biking trails, and the Evergreen Center for the Arts enhances its appeal. While a bus stop is conveniently located within a two-block radius, the property's easy access to major roadways ensures seamless connectivity. Pre-existing plans for main floor master duplexes with two-car garages and walkout basements are available, targeting the over-55 demographic. Although a previous improper subdivision necessitates rectification before immediate development, this process is currently underway, paving the way for a streamlined building process. This easy-build site represents a compelling opportunity for developers seeking a prime location with significant potential for high returns. The asking price is $525,000. Latitude and longitude coordinates are 39.692509, -105.360045 respectively.

Property profile
Verified
Property type Land
Lot 1.88 ac (81,893 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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