$1,500,000
Off Market

11625 Owl Place

Peyton, CO 80831
Listing Office8z Real Estate
Type:Purchase
Structure:Land
Zone:Residential

Description

**Prime Commercial Development Opportunity - 5 Acres** Discover the potential of this exceptional 5-acre parcel of land, offering the opportunity for commercial rezoning. Situated adjacent to a burgeoning retail development and poised to benefit from a forthcoming frontage road, this property presents an ideal setting for a lucrative retail or commercial endeavor. **Key Features:** - Strategic Location:Adjacent to a new retail development, ensuring high visibility and foot traffic. - Development Potential: With the possibility of rezoning for commercial use, this property offers a wide array of development opportunities. - Infrastructure Advantages:Benefit from the convenience of a new frontage road currently under construction, enhancing accessibility and connectivity. - Surrounded by Commercial Properties: Join a thriving commercial hub with four adjacent properties already rezoned for commercial use, maximizing the potential for synergy and collaboration. **Additional Opportunity:** Combine with an adjacent property (MLS #1250762) to expand your investment to a total of 10 acres, unlocking even greater potential for development and growth. Seize this rare opportunity to secure a strategic foothold in a rapidly expanding commercial landscape. Contact us today to learn more about this prime real estate offering.

  • Property Details
      • Acres5
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationSeptic Tank
      • Utility SourceWell
  • Community and Neighborhood Details
      • SubdivisionFalcon
    • Location
      • School DistrictDistrict 49
      • CountyEl Paso
  • Financial Details
      • Original List Price$1,500,000
      • Taxes Annual$1,255
  • Other
      • MLS #6953074

Location

Laura Karan | RE/MAX Real Estate Group IncReal Estate Group