$695,000
Glenwood Springs, CO 81601
MLS# 168214
Status: Closed
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Property Description
A dynamic opportunity to purchase commercial land zoned RE, a flexible zoning that does allow for multifamily and commercial uses (see the zoning table of allowable uses in documents). Located directly adjacent to the Renew Roaring Fork Senior Community which is an upscale integrate assisted living Campus of apartments along with memory Care & rapidly growing occupancy. A construction development opportunity which among other things may include the end users to capitalize on a built-in ''feeder'' dynamic of the senior community, as well as the excellent exposure and signage opportunities at the Midland/27th St. roundabout. This busy intersection has one of the highest traffic counts in the Valley. The elevation renderings depicted are for a proposed medical office building, Plans on file!
Details
Maps
Documents
Location Info
Current Price: $745,000
Type: Commercial Land
Major Area: Glenwood
Area: 09-Glenwood Proper
Original List Price: 695000
Asking Price: 695000
Street #: 2800
Street Name: Midland
Street Suffix: Avenue
Address 2/Unit #: Lot 2
City/Town: Glenwood Springs
State/Province: CO
Postal Code: 81601
Keywords Info
Lot Size: 22,001 - 32000
Acreage: Refer to Lot Size
Listing Info
Listing Date: 2021-01-14
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
List Price Per/Acre: 1263636
Sold Price Per/Acre: 1354545
Sub/Loc: None
Legal: Section: 21 Township: 6 Range: 89 Subdivision: STONEY RIVER MINOR SUBDIVISION Lot: 2 PLAT# 863126 .548 ACRES
Lot SqFt: 23827.32
Nbr of Acres: 0.55
County: Garfield
Zoning: RE
Sold Price Per/SF: 31.27
Orig List Price Per/SF: 29.17
Asking Price Per/SF: 29.17
Parcel #: 218521151002
Directions: Build site is located across the new 27th street bridge from Grand Avenue adjacent to the Renew Roaring Fork campus and the roundabout, across the street from the Terraces Condos.
Financing Info
Metro Tax District: No
Taxes: 8687.9
Tax Year: 2019
Transfer Tax: No
HOA Dues Y/N: No
Status Change Info
Status: Closed
Under Contract Date: 2021-11-22
Proposed Close Date: 2022-01-21
Sold Date: 2022-02-22
Sold Price: $745,000
How Sold: Cash
Remarks
Public Remarks: A dynamic opportunity to purchase commercial land zoned RE, a flexible zoning that does allow for multifamily and commercial uses (see the zoning table of allowable uses in documents). Located directly adjacent to the Renew Roaring Fork Senior Community which is an upscale integrate assisted living Campus of apartments along with memory Care & rapidly growing occupancy. A construction development opportunity which among other things may include the end users to capitalize on a built-in ''feeder'' dynamic of the senior community, as well as the excellent exposure and signage opportunities at the Midland/27th St. roundabout. This busy intersection has one of the highest traffic counts in the Valley. The elevation renderings depicted are for a proposed medical office building, Plans on file!
Property Features
Allowable Uses: Hospitality; Income; Mixed Use; Multi-Family Res; Office
Access: Paved
Electric: Electric w/in 100 ft
Gas: Nat Gas w/in 100 Ft
Water Rights: None
Sanitation: Sewer
Mineral Rights: No
Crops: No
Possible Use: Multi-Family; Single Family
Lot Description: Corner Lot; Flat
Lot Improvements: Curbs; Street Lights; Street Paved
Terms Offered: Cash; Other
Disclosures: Reports Available
Sign: Yes
Showing Instructions: Vacant
Possession: DOD
Table of Allowable Uses 
Listing Office: Integrated Mountain Properties
Last Updated: February - 23 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
(970) 945-7653