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7965 Penrose Blvd 12.82 Acres of Residential Land Offered at $2,150,000 in Frederick, CO 80530

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INVESTMENT HIGHLIGHTS

Zoning: Community Commercial
Multi-family development opportunity

• Current Mill Levy: 101.53

EXECUTIVE SUMMARY

Great opportunity for a multi-unit residential redevelopment.
• Sale Price $2,150,000($3.85/sf)
• County: Weld County, Colorado
• Lot Size: 12.83 acres (Lot A- 8.17 acres, Lot B- 4.66 acres)
• Current Mill Levy: 101.53
• Zoning: Residential R-2
• Raw water: not included
• Concept plan for 97 dwelling units
• Development documents: geotechnical reports, sketch plans, new survey, water analysis, traffic study, and list of mineral leases.

7965 Penrose Blvd

PROPERTY FACTS Under Contract

Price	$2,150,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Condition	Redevelopment Project	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Master Planned Community Planned Unit Development
No. Lots	1	Total Lot Size	12.82 AC
Zoning	Community Commercial - Community Commercial

Price	$2,150,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Master Planned Community Planned Unit Development
Total Lot Size	12.82 AC
Zoning	Community Commercial - Community Commercial

1 LOT AVAILABLE

Lot A,B

Price	$2,150,000	Lot Size	12.82 AC
Price Per AC	$167,706.71

Price	$2,150,000
Price Per AC	$167,706.71
Lot Size	12.82 AC

Fredrick comprehensive plan calls for medium density residential • Sale Price: $2,150,000($3.85/sf) • Address: 7965 Penrose Blvd Fredrick CO 80530 • County: Weld County • Lot Size: 12.82 (Lot A- 8.17 acres, Lot B- 4.66) • Current Mill Levy: 101.53

DESCRIPTION

Offering Terms: • Sale Price $2,150,000($3.85/sf) • County: Weld County, Colorado • Lot Size: 12.83 acres (Lot A- 8.17 acres, Lot B- 4.66 acres) • Current Mill Levy: 101.53 • Zoning: Residential R-2 • Raw water: not included • Concept plan for 97 dwelling units • Development documents: geotechnical reports, sketch plans, new survey, water analysis, traffic study, and list of mineral leases.