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895 Arcturus Dr 1.1 Acres of Commercial Land Offered at $710,000 in Colorado Springs, CO 80906

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Investment Highlights

Lot can handle up to 27 units

Mountain views

Executive Summary

Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Schools, Near Shopping Center. Motivated to sell. A current professional appraisal has been completed — documentation available for qualified parties. Open to seller financing

Property Facts Under Contract

Price	$710,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Apartment Units Apartment Units - Condo
Sale Condition	Build to Suit	Total Lot Size	1.10 AC
No. Lots	1	Cross Streets	Green Star Dr
Property Type	Land
Zoning	C5 - ZONED C-5, MX-M (COMMERCIAL,RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT

Price	$710,000
Sale Type	Investment
Sale Condition	Build to Suit
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Apartment Units Apartment Units - Condo
Total Lot Size	1.10 AC
Cross Streets	Green Star Dr
Zoning	C5 - ZONED C-5, MX-M (COMMERCIAL,RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT

1 Lot Available

Lot

Price	$710,000	Lot Size	1.10 AC
Price Per AC	$642,592.09

Price	$710,000
Price Per AC	$642,592.09
Lot Size	1.10 AC

Corner, Level, Meadow, Mountain View

Description

BROADMOOR/SKYWAY MARKET-1.11 ACRES, *GREAT LOCATION-HIGH EXPOSURE TO 8TH STREET, IDEAL FOR MIX USE DEVELOPMENT, *CITY UTILITIES-*ZONED C-5, MX-M (COMMERCIAL, RETAIL, OFFICE, MULTI-FAMILY RESIDENTIAL, AND CIVIC USES),*MX-M ZONE DISTRICTS ARE INTENDED TO ACCOMMODATE THE DEVELOPMENT OF NEW ACTIVITY CENTERS IN EMERGING GROWTH AREAS. HIGH-RISE MULTI-FAMILY RESIDENTIAL ABUTTING TO THE SOUTH WITH PROPOSED MULTI-FAMILY RESIDENTIAL TO THE SOUTH WEST.