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SEC Platte Ave - LAND DEVELOPEMENT 50 Acres of Commercial Land Offered at $11,225,000 in Colorado Springs, CO 80915

Executive Summary
THE PROPERTY:
Thesubjectpropertyconsistsof50acres of industrial zoned land fronting Platte Avenue (Highway24) just
west of Powers Boulevard and just north of the Colorado Springs Airport. The property is in the City of
Colorado Springs with utilities served by CSU. Water, sanitary sewer, gas, and electric services surround
the property.
AccessisviaWootenRoadonthewestandfromthePlatteAvenuefrontageRoadonthenorth. The
western17acresisseparatedfromthemainparcelbySandCreekandisaccessedbyBijouStreet from
Troy Hill Road.
Sand Creek adjoins the property. It has been rip-rappedby the city with the Flood Plain completely
contained within the channel. A tributary to Sand Creek borders the south side of the property. Ownership
dedicatedfiveacrestotheCityandtheyarenowobligatedtoimprovethatchannel.Workstartingin2024.
The property’s location allows for easy access to most parts of the City via Powers Boulevard, Platte
Avenue, and the Highway24Bypass. Peterson Air Force Base, home of U.S, Space Command is just
east of the subject property. TheColoradoSpringsairportandPeakInnovationParkarejusttothesouth.
Major industrial/distribution facilities in the immediate area include FedEx Freight, FedEx Ground, DPIX.
Swire Coca-Cola, Ace Hardware, and Taylor Farms among many others. Nearby defense contractors
include Trine Aerospace, Raytheon, Serco, Collins Aerospace, Northrup Grumman, Lockheed Martin,
Boeing, and L3 Harris. Amazon opened a 4millionsquarefootdistributioncenter in the Peak Innovation
Park in 2021.The facility is the largest warehouse in a seven-state area.
Thesubjectpropertyconsistsof50acres of industrial zoned land fronting Platte Avenue (Highway24) just
west of Powers Boulevard and just north of the Colorado Springs Airport. The property is in the City of
Colorado Springs with utilities served by CSU. Water, sanitary sewer, gas, and electric services surround
the property.
AccessisviaWootenRoadonthewestandfromthePlatteAvenuefrontageRoadonthenorth. The
western17acresisseparatedfromthemainparcelbySandCreekandisaccessedbyBijouStreet from
Troy Hill Road.
Sand Creek adjoins the property. It has been rip-rappedby the city with the Flood Plain completely
contained within the channel. A tributary to Sand Creek borders the south side of the property. Ownership
dedicatedfiveacrestotheCityandtheyarenowobligatedtoimprovethatchannel.Workstartingin2024.
The property’s location allows for easy access to most parts of the City via Powers Boulevard, Platte
Avenue, and the Highway24Bypass. Peterson Air Force Base, home of U.S, Space Command is just
east of the subject property. TheColoradoSpringsairportandPeakInnovationParkarejusttothesouth.
Major industrial/distribution facilities in the immediate area include FedEx Freight, FedEx Ground, DPIX.
Swire Coca-Cola, Ace Hardware, and Taylor Farms among many others. Nearby defense contractors
include Trine Aerospace, Raytheon, Serco, Collins Aerospace, Northrup Grumman, Lockheed Martin,
Boeing, and L3 Harris. Amazon opened a 4millionsquarefootdistributioncenter in the Peak Innovation
Park in 2021.The facility is the largest warehouse in a seven-state area.
Property Facts
| Price | $11,225,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 50.00 AC |
| No. Lots | 1 | Cross Streets | Wooten Rd |
| Property Type | Land | ||
| Zoning | BP (Business Park) | ||
| Price | $11,225,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 50.00 AC |
| Cross Streets | Wooten Rd |
| Zoning | BP (Business Park) |
1 Lot Available
Lot
| Price | $11,225,000 | Lot Size | 50.00 AC |
| Price Per AC | $224,500.00 |
| Price | $11,225,000 |
| Price Per AC | $224,500.00 |
| Lot Size | 50.00 AC |
• Highly visiblesite fronting Platte Avenue just west of Powers Blvd • Part of the Airport Development Corridor • No metropolitan district. • All public utilities are available at, or adjacent to site.
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Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
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SEC Platte Ave - LAND DEVELOPEMENT
