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242 Virginia Dr 0.72 Acres of Commercial Land Offered at $769,000 in Estes Park, CO 80517
INVESTMENT HIGHLIGHTS
- Close proximity to downtown Estes Park and views to both Lumpy Ridge and Long's Peak
EXECUTIVE SUMMARY
Site Size: Approximately 31,000 sq ft = .73 Acres
Proposed Units: 6 attached homes
Proposed Unit Mix: 4 – 3 bedroom, 3.5 bath = 1,869-1,875 sq ft each
2 – 2 bedroom, 2.5 bath = 1,275-1,331 sq ft each
Total Improved Sq Ft: 10,095 sq ft in 6 units
Number of Buildings: 3
Zoning: RM – multi-family
Type of Construction: Wood-frame
Total Parking Provided: 2 direct access garage spaces with each unit, 6 guest spaces, 1 handicap space.
Building Height: 3 stories
PROPERTY FACTS
| Price | $769,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | ||
| Zoning | RM - Multi-family zoning - 3 to 8 dwellings per acre allowed | ||
| Price | $769,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.72 AC |
| Zoning | RM - Multi-family zoning - 3 to 8 dwellings per acre allowed |
1 LOT AVAILABLE
Lot
| Price | $769,000 | Lot Size | 0.72 AC |
| Price Per AC | $1,068,055.56 |
| Price | $769,000 |
| Price Per AC | $1,068,055.56 |
| Lot Size | 0.72 AC |
gently sloping (3% +/-) with views to all sides. utility services in Virginia Drive and back (north area).
DESCRIPTION
PROPERTY OVERVIEW The property is located on the north side of downtown Estes Park, Colorado and approximately two blocks from downtown. The land is located at 242 Virginia Drive. The site is zoned RM – Multi-family despite being nestled between existing single-family homes of varying vintage. There are views of Longs Peak to the South and Lumpy Ride to the North. The site is “flag shaped” and has only modest topography. Several aerial maps are included herein to show the location. Six lots are platted for development with sizing per the table below: Lot 1 = 1,473 square feet - 41' x 35' Lot 2 = 1,779 square feet - 54'/42' x 35' Lot 3 = 1,920 square feet - 50' x 35' Lot 4 = 2,101 square feet - 53.5' x 39' Lot 5 = 2,087 square feet - 53.5 x 39' Lot 6 = 1,877 square feet - 53.5'/43.5' x 36.5' The prospective homes that could be developed onsite are as follows: Unit Description Square Footage Attached Garage Building Lot address A 3 bedroom/3.5 baths 1,875 sf 2 car A or B 6 and 3 B 3 bedroom/3.5 baths 1,869 sf 2 car A or B 4 and 5 C 2 bedrooms/2.5 baths 1,331 sf 2 car C 1 D 2 bedroom/2.5 baths 1,275 sf 2 car C 2 Total Units 6 10,094 finished sf
PROPERTY TAXES
| Parcel Number | 35251-08-002 | Improvements Assessment | $0 |
| Land Assessment | $22,320 | Total Assessment | $22,320 |
PROPERTY TAXES
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242 Virginia Dr
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