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- LoopNet Team
101 & 115 Cardinal -1
Parachute, CO 81635
Parachute Riverpark Center · Land For Sale
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14.64 AC
INVESTMENT HIGHLIGHTS
- Located in an Opportunity Zone
- New infrastructure and utilities with shared entry from CR 301.
- Located adjacent to the new Loves Truck Stop and McDonald’s development. Estimated completion April 2023.
- A portion of the perimeter of the property features riverside frontage
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 14.64 AC |
| Zoning | Commercial and Mixed Use - The subject property is located in the CBD-MU Character District in the Town of Parachute. SC Zone District permitted uses are available. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 14.64 AC |
| Zoning | Commercial and Mixed Use - The subject property is located in the CBD-MU Character District in the Town of Parachute. SC Zone District permitted uses are available. |
DESCRIPTION
This real estate development opportunity in Parachute, Colorado offers a prime location for commercial or mixed-use multi-family development. Situated on the southeast side of the road near the intersection of I-70 and Battlement Mesa Parkway, this property boasts convenient access to the highway and is adjacent to the newly constructed Love’s Gas Station and Truckstop, as well as McDonald’s. A portion of the perimeter of the property features riverside frontage, and will look over the proposed Parachute Island Park Loop Trail along the Colorado River. The surrounding area has experienced significant growth in recent years, attracting a growing number of full-time residents and visitors seeking to explore the great outdoors and take in the stunning vistas of the Roan Plateau and Bookcliffs. This presents a unique opportunity to build a development that meets the needs of the Parachute and Battlement Mesa community. This development is located in an Opportunity Zone
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $313,530 | Total Assessment | $313,530 |
PROPERTY TAXES
