505 At Centerra Masonville, CO 80538
- Retail properties
- 9.66 lot acres
Current Use by Public Records
- Retail properties
Property Details for 505 At Centerra
- Lot size
- 9.66 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 9.66-acre parcel, designated Pad F-1, presents a unique opportunity for development within the thriving Centerra community in Larimer County. Located in Block 505, this single-tenant site is ideal for a variety of commercial uses, including retail, office, industrial, or a combination thereof. 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 environment. The site benefits from its proximity to significant employment generators, including the Rangeview Office Campus, UCHealth Medical Center of the Rockies, and numerous prominent corporations such as 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 estimates indicating a 1.0% to 1.9% annual increase between 2023 and 2028, depending on population size. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a rapidly expanding market. Other available land parcels within the same development range in size from 1.10 acres to 2.03 acres, offering flexibility for various development needs. Terms are negotiable. This is a rare opportunity to secure a substantial land parcel in a high-demand location.
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