3Rd Ave Longmont, CO 80501

Property Details for 0 3Rd Ave

Lot size

1.53 lot acres

Property type

Land

Description

This exceptional 1.53-acre commercial land parcel presents a unique investment opportunity in Longmont, Colorado. Strategically located at 0 Rogers Road, at the gateway to Longmont's significant Sugar Mill redevelopment project, this property offers unparalleled potential for mixed-use development. The site benefits from an MUE (Mixed Use Employment) zoning designation per the City of Longmont, allowing for a diverse range of commercial and potentially residential uses. The Sugar Mill redevelopment, encompassing a boutique hotel, restaurant, retail space, performing arts center, and approximately 2,200 residential units (1,600 multi-family and 600 townhomes), promises substantial growth and increased property value. Longmont boasts a thriving economy, with a population exceeding 100,000 and an average household income of $89,720 in 2022. Major employers such as J.M. Smuckers, AGC Biologics, Seagate, FAA, Oskar Blues, and Intrado contribute to the city's robust economic landscape. Further enhancing its appeal, Longmont provides citywide gigabit fiber optics access. This property is fully compliant with the City of Longmont's raw water requirements, eliminating a significant development hurdle. The asking price is $1,837,825. This is a rare chance to be part of a transformative project in a rapidly growing Colorado community. The property's prime location and zoning make it ideal for a variety of development projects, capitalizing on the ongoing revitalization of the Sugar Mill site and Longmont's overall economic strength.

Location Insight

City

Longmont

County

Boulder

State

Colorado

Longitude

-105.093

Latitude

40.1524