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Investment Highlights

  • Located near bike path, parks, and restaurants
  • Great Location
  • High Traffic
  • On Bus Route

Executive Summary

A unique opportunity for sale on one of the most visited intersections in the City of Boulder - directly across the street from the University of Colorado. The property is at the Northeast corner of Baseline Road and 28th Street, the primary route into Boulder. Initial concept design supports 135 bedrooms.
High visibility and traffic counts, easy access, a large parking area, excellent views of the Flatirons, and located on a pedestrian/bike path with direct access to the University. The nearly one-acre parcel is primed for a student housing redevelopment, for which a yield study and proposed concept plan has been modeled to support a 27 unit, 135 bedroom, 3 story development. The existing building is leased through 12/1/26, providing the buyer with an income stream while they go through the entitlement process. Basemar Shopping Center, Starbucks, Sprouts Market, hotels, restaurants, university housing, and retail businesses are nearby.

Property Facts

Price $5,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.94 AC
Zoning IB-E, Boulder County

1 Lot Available

Lot

Price $5,400,000
Price Per AC $5,744,680.85
Lot Size 0.94 AC

The property is at the Northeast corner of Baseline Road and 28th Street, the primary route into Boulder.

Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 29068201

  • Date on Market: 7/21/2023

  • Last Updated:

  • Address: 2865 Baseline Rd, Boulder, CO 80303

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