33784 County Road 21 Elizabeth, CO 80107
- Commercial real estate
- 158.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 33784 County Road 21
- Lot size
- 158.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 158-acre commercial land parcel presents a unique investment opportunity in Elizabeth, Colorado. Strategically located on the hard corner of State Highway 86 and County Road 21, this property boasts approximately half a mile of highway frontage, providing unparalleled visibility and accessibility. Currently zoned Agricultural with an EDZ (Expansion Development Zone) overlay, the land offers significant potential for a variety of mixed-use developments or a master-planned community. The expansive acreage allows for substantial flexibility in project design and scale. Included in the sale are valuable water rights, a crucial asset for any large-scale development in this area. The property's location within rapidly growing Elbert County, coupled with the possibility of annexation into the Town of Elizabeth, further enhances its long-term value and development potential. The asking price is $4,000,000, translating to approximately $25,383.21 per acre. This represents a compelling opportunity to capitalize on the burgeoning growth and development prospects of this prime Colorado location. Detailed information regarding the property's zoning, water rights, and annexation possibilities is available upon request. Don't miss this chance to acquire a significant land holding in a high-growth area. The address is 33784 County Road 21, Elizabeth, CO 80107.
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
- Elizabeth
- County
- Elbert
- State
- Colorado
- Longitude
- -104.570079
- Latitude
- 39.3598701
