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Crawford Ave
Colorado Springs, CO 80911
Vacant land · Land For Sale · 1.16 AC

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Executive Summary

1170 Crawford Avenue is an approved multifamily development opportunity located in the Security-Widefield submarket of Colorado Springs. The 1.16-acre (50,530 SF) site is approved for a 22-unit apartment community with completed development plans, allowing an investor to move toward construction with substantially reduced entitlement risk. Project approvals are in place and pending final administrative zoning fee payment to achieve full entitlement status.
The approved plans call for a modern, efficiently designed three-story apartment building featuring well-proportioned unit layouts, contemporary architecture, and integrated site planning. The project maximizes density while maintaining strong tenant livability and operational efficiency, positioning the asset to compete effectively with newer product in the South Colorado Springs rental market.
Crawford Avenue is situated within a suburban residential hub surrounded by well-kept parks and major employment drivers, including the nearby Amazon distribution center. The active community is known for its park-like atmosphere, anchored by Pi-Ute Park, Windmill Mesa Park, and the Big Johnson Reservoir, providing residents with access to open space, recreation, and neighborhood amenities. The location also benefits from proximity to Fort Carson, Peterson Space Force Base, and the broader Colorado Springs employment corridor, supporting consistent rental demand.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 1.16 AC
Zoning RM-30 - Residential Multi-Dwelling District. The RM-30 zoning district is a 30 dwelling unit per acre district.

1 Lot Available

Lot

Price $450,000
Price Per AC $387,931.03
Lot Size 1.16 AC

The 1.16-acre (50,530 SF) site is approved for a 22-unit apartment community with completed development plans.

Description

1170 Crawford Avenue is an approved multifamily development opportunity located in the Security-Widefield submarket of Colorado Springs. The 1.16-acre (50,530 SF) site is approved for a 22-unit apartment community with completed development plans, allowing an investor to move toward construction with substantially reduced entitlement risk. Project approvals are in place and pending final administrative zoning fee payment to achieve full entitlement status.

Property Taxes

Property Taxes

Parcel Number
65131-25-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$37,520
  • Listing ID: 39480597

  • Date on Market: 2/18/2026

  • Last Updated:

  • Address: Crawford Ave, Colorado Springs, CO 80911

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