Property profile

905 Tempted Ways Dr Longmont, CO 80504

FOR SALE
Residential land & home lots
Property ID
US13-0953260
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

READY TO BUILD! 3 lots for three luxury townhomes in Prospect New Town, named "The coolest Neighborhood in America." 15 miles from Boulder. All building plans for these specific home designs have been fully approved by the City of Longmont and the Prospect HOA, ensuring a smooth start to construction. Water, Gas Electric at Property. Projected sales volume for the three completed townhomes is $4.3 million. Investor, developer and builders dream to have all of the groundwork done. Included is everything you need to build: approved architectural plans, soil report, survey, projected HERS report and more. Including appraisals for each of the townhomes showing full market value after completed construction. There are three lots to be sold together at a total of $1.2 million ($400K each). This listing is one of the three lots. The other two lot addresses are 901(MLS#1042570) and 903(MLS#1042573) Tempted Ways Dr., Longmont. The plan for this lot features building a 2 story Urban Modern townhome around 3K square feet. Projected market pricing after home completion is $1.3 million. Appraised value is $1,305,000. Bright open floor plan with 4 bedrooms, 4 bathrooms, 2 car garage and media room. Prospect offers a sense of community with features like a town square, a dog park, and public spaces for events. Walkable to a variety of shops, restaurants, wellness centers, as well as parks and other community spaces. Architectural plans by The Ford Studio are available for use under a separate license agreement. Buyer must obtain a one-time construction license directly from The Ford Studio for the construction of the Tempted Brownstones. The Ford Studio must perform any plan modifications, interior design, architectural modifications, and construction administration services associated with these plans.

Property profile

Verified
Property type Residential land & home lots
UPID US13-0953260

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

905 Tempted Ways Dr Longmont, CO 80504
Longmont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
4 recorded transactions
2024
$220,000
2023
$220,000
2023
$125,000
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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