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415 Franceville Coal Mine Rd 38.5 Acres of Commercial Land Offered at $2,925,000 in Colorado Springs, CO 80929
INVESTMENT HIGHLIGHTS
- High traffic and rapidly growing traffic visibility
- Be the first to capture the market - Future sub-division into services, retail and storage type uses, which are nearly non-existent at this time
- 10% Instant Equity - Commercial Appraisal available - value $3,270,000
EXECUTIVE SUMMARY
Instant 10% equity on this 38.5-acre property, ideally situated 5 miles east of Marksheffel along Hwy 94, half way between Schriever SFB and Peterson SFB.
Early opportunity to get into property within the Colorado Springs Annexation plan for the Hwy 94 Corridor out to Schriever and the up and coming Flying Horse East development. Flying Horse East is 5,500 acres and will include 30,000 housing units, commercial properties, multiple schools, 2 golf courses and hotels. Numerous other developments underway: Mayberry - 2,550 housing units, Reagan Ranch - 1,600 units, plus Schriever Space Force Base with 8,000 military and civilian employees.
Currently 10,500 vehicles per day pass this high-visibility property on the SEC or Hwy 94 and Franceville Coal Mine Road.
Early opportunity to get into property within the Colorado Springs Annexation plan for the Hwy 94 Corridor out to Schriever and the up and coming Flying Horse East development. Flying Horse East is 5,500 acres and will include 30,000 housing units, commercial properties, multiple schools, 2 golf courses and hotels. Numerous other developments underway: Mayberry - 2,550 housing units, Reagan Ranch - 1,600 units, plus Schriever Space Force Base with 8,000 military and civilian employees.
Currently 10,500 vehicles per day pass this high-visibility property on the SEC or Hwy 94 and Franceville Coal Mine Road.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,925,000 | Lot Size | 38.50 AC |
| Price Per AC | $75,974.03 |
| Price | $2,925,000 |
| Price Per AC | $75,974.03 |
| Lot Size | 38.50 AC |
38.5-acres commercial land ideally situated 5 miles east of Marksheffel along Hwy 94, half way between Schriever SFB and Peterson SFB.
DESCRIPTION
Numerous high-use hotspots nearby: 2x dirt race tracks with multiple events/races, Colorado’s largest multi-use gun club, and Colorado Springs recently purchased 1,000 acres for the Wild Horse Ranch park and open space south on Franceville Coal Mine Road. The site has 20 acres prepped for RV storage, but near limitless opportunities to adjust as desired in site development plan.
1 1
PROPERTY TAXES
| Parcel Number | 44000-00-565 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $370 |
PROPERTY TAXES
Parcel Number
44000-00-565
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$370
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415 Franceville Coal Mine Rd
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