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Property profile & analytics
OFF-MARKET
Land

0 Saxon Mtn Rd Georgetown, CO 80444

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the desirable town of Georgetown, Colorado. Located on Saxon Mountain Road (APN 1959-08-1-01-608), this property boasts a prime location within walking distance of Georgetown's amenities and adjacent to hiking trails. The asking price is $495,000, translating to a land value of $7.58 per square foot. The property is zoned for City use and offers stunning vista views due to its elevated position on the town's outskirts. Given past preliminary rezoning and subdivision efforts, there's a strong expectation that the town will approve subdivision into multiple single-family lots, townhouse lots, or multifamily units. The seller is prepared to provide a purchaser with the necessary time and contingencies to secure the required approvals. Furthermore, the seller will consider owner/bridge financing options to facilitate a smooth transaction. Utilities, including electricity and cable, are readily available. This presents a rare chance to acquire a substantial land holding in a thriving Colorado mountain town with significant development potential. The property's convenient location, coupled with the seller's flexibility, makes this an attractive proposition for discerning investors.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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