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- LoopNet Team
140 W Beaver Creek Blvd
Avon, CO 81620
Land For Sale
·
1.09 AC

Investment Highlights
- Short walk to the Riverfront Express Gondola, providing direct access to Beaver Creek Resort’s extensive lift system
- Situated within a Qualified Opportunity Zone as provided in the Tax Cuts and Jobs Act of 2017
- Pedestrian-friendly area with convenient access to grocery stores, shops & restaurants, and free public transportation
- Flexible zoning provides for a wide variety of uses, including high-density residential, hospitality, and commercial, with a maximum building height o
- One of the last undeveloped parcels in the core of Avon
- 2 hours west of Denver via I-70 and 25-minute drive to Eagle County Regional Airport
Property Facts
| Property Type | Land | Proposed Use |
Hospitality
|
| Property Subtype | Commercial | Total Lot Size | 1.09 AC |
| Zoning | Town Center | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Hospitality
|
| Total Lot Size | 1.09 AC |
| Zoning | Town Center |
Description
Site Description Lot 3 will be a 1.09-acre parcel located at the base of Beaver Creek Resort in the center of Avon, Colorado. Zoned as Town Center (TC), this flexible zoning provides for a wide variety of uses, including high-density residential, hospitality, and commercial, with a maximum building height of 80 feet. (See Zoning Description for more detail). Ownership is currently re-platting the property to create the 1.09-acre parcel as depicted on P.6. This re-platted parcel will provide two access points to the site via W Beaver Creek Blvd to the north-east and Mikaela Way to the west. Centrally located in the heart of town, Lot 3 is walking distance to grocery stores, local businesses, shops, restaurants, and all of Avon’s amenities. Directly in front of the site on West Beaver Creek Boulevard is an Avon Transit bus stop, providing free transportation throughout the town. Just steps away is Eagle County’s ECO Transit station, providing access to all points in the greater Vail Valley. This premier location is ideal for convenient, car-free living and travel. The property is one of the last undeveloped parcels in the core of Avon and is just a short 5-minute walk to the Riverfront Express Gondola, providing direct access to Beaver Creek Resort. Lot 3 is located within a Qualified Opportunity Zone as provided for in the Tax Cuts and Jobs Act of 2017. This program offers investors preferential tax treatment including deferment on previous capital gains tax, increases in basis, and elimination of capital gains tax if certain thresholds are met. Additional information on Qualified Opportunity Zones can be found here. Zoning Description Avon’s Town Center (TC) district was created with the intention of serving as the focal point for social, business, and cultural activities in the town. As a result, TC is in the center of Avon, has the highest intensity of uses, and is highly accessible by pedestrians. TC is bordered by I-70 to the north, Beaver Creek Place to the east, Mikaela Way to west, and Benchmark Road to the south. Uses by right are high-density residential, hotels, offices, and commercial establishments. Buildings up to 80 feet in height are allowed, with setbacks ranging from 0-10 feet.
Property Taxes
| Parcel Number | R009624 | Improvements Assessment | $225,400 |
| Land Assessment | $112,500 | Total Assessment | $337,900 |
Property Taxes
Listing ID: 19801159
Date on Market: 6/5/2020
Last Updated:
Address: 140 W Beaver Creek Blvd, Avon, CO 81620
