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Property profile & analytics
OFF-MARKET
Land

0 Silversmith Rd Colorado Springs, CO 80921

5.92 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.915-acre development site presents a unique investment opportunity within the prestigious Flying Horse master-planned community in Colorado Springs, Colorado. Located on Silversmith Rd, zip code 80921, this shovel-ready land is the only currently available multifamily-zoned parcel in Flying Horse. The property is already entitled for 118 units, allowing for a density of 20 dwelling units per acre. This flexibility allows for a variety of development options, including apartments, active adult housing, for-sale homes, or build-for-rent projects. The site benefits from its location within the highly desirable Academy School District 20, consistently ranked among the top two districts in Colorado Springs. Residents will enjoy access to Flying Horse's exceptional amenities, including two championship 18-hole golf courses, a 43,000 square-foot clubhouse, state-of-the-art fitness facilities, a renowned spa, and a world-class steakhouse. The asking price for this remarkable property is $3,600,000. This is a rare chance to acquire a prime development site in one of Colorado Springs' most sought-after communities. The property is zoned PUD (Planned Unit Development) and offers unparalleled potential for a lucrative residential development. Its location in El Paso County provides easy access to major roadways and other amenities. Don't miss this opportunity to capitalize on the strong demand for housing in this thriving area.

Property profile
Verified
Property type Land
Lot 5.92 ac (257,657 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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