Swc Hwy 87 & Main St Colorado Springs, CO 80911
- Lifestyle centers
Current Use by Public Records
- Lifestyle centers
Property Details for 0 Swc Hwy 87 & Main St
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
River Bend Crossing presents a unique investment opportunity in a rapidly expanding market. This 9.9-acre mixed-use development is strategically located at the southwest corner of Highway 87 and Main Street in Fountain, Colorado (zip code 80911), El Paso County. The property boasts a prime hard corner location with exceptional visibility and accessibility. The site benefits from strong traffic counts and a substantial daytime population, further enhanced by the proximity to Fort Carson Base. Development includes the delivery of 225 new single-family homes in the $300,000 price range, projected to be completed in the first and second quarters of 2019. This influx of new residents will significantly boost the area's consumer base. The Fountain, Colorado market is experiencing robust growth, with a projected five-year growth rate exceeding 13.7%. The property is classified as retail, encompassing both restaurant and shopping center subtypes. The initial opening was projected for the fourth quarter of 2018. This exceptional location, coupled with the significant residential development and strong market growth, makes River Bend Crossing an ideal investment for discerning buyers seeking high-return potential in a thriving Colorado community. The property's address is SWC Hwy 87 & Main Street, Fountain, CO 80911.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colorado Springs
- County
- El Paso
- State
- Colorado
- Longitude
- -104.744
- Latitude
- 38.7512
