505 At Centerra Masonville, CO 80538
- Retail properties
- 1.10 lot acres
Current Use by Public Records
- Retail properties
Property Details for 505 At Centerra
- Lot size
- 1.10 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 1.1-acre parcel, designated Pad D within the thriving Centerra community in Larimer County, presents a unique opportunity for development. Located in a high-growth area, this single-tenant site is ideal for a variety of commercial uses, including retail, office, or industrial projects. The property is part of a larger development boasting 4.2 million square feet of existing office, retail, flex, industrial, and hospitality space, ensuring a robust and established surrounding infrastructure. The site benefits from proximity to major employment centers such as the Rangeview Office Campus, UCHealth Medical Center of the Rockies, and numerous significant businesses including Nutrien, UNC, Constant Contact, Heska Corporation, Meyer Natural Foods, Safelite, Toddy* Cold Brew System, Bobo’s, and Animal Health International. This strategic location capitalizes on the projected population growth in the area, with forecasts indicating a 1.0% to 1.9% annual increase between 2023 and 2028, depending on population size. The property is offered for lease with negotiable terms. Note that this is one of several available land parcels ranging in size from 1.1 acres to 9.66 acres. This presents a compelling investment opportunity in a dynamic and rapidly expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Masonville
- County
- Larimer
- State
- Colorado
- Longitude
- -105.243
- Latitude
- 40.4854