This Land Property is no longer advertised on LoopNet.com.

512 Foothills Rd
Colorado Springs, CO 80905
512-516 Foothills Rd · Land For Sale · 2.61 AC

Investment Highlights

  • Favorable high-density residential zoning in place (site can support 140+ units with 4-story product).
  • Class A multifamily within sub-market achieving $2.70 PSF rents.
  • Surrounded by neighborhood amenities: grocery, dining & retail.

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 2.61 AC
No. Stories 1
Zoning R-5

Description

Surrounded by neighborhood amenities: grocery, dining & retail. Class A multifamily within sub-market achieving $2.70 PSF rents. Limited new supply within 1 mile - 0 MF properties under construction, 1 MF property in planning. Favorable high-density residential zoning in place (site can support 140+ units with 4-story product). Easy access to downtown Co Springs (5 min away).

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 74244-00-034
  • 74244-00-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$99,450
  • Listing ID: 25312447

  • Date on Market: 3/23/2022

  • Last Updated:

  • Address: 512 Foothills Rd, Colorado Springs, CO 80905

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