$1,500,000
New Castle, CO 81647
MLS# 167045
Status: Closed
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Property Description
Rare Development Opportunity! Beautiful parcel on the Colorado River located directly off of the I-70 exit/entrance ramp with high visibility and easy access. Six acres, with approximately 3.2 usable acres, on prime river frontage overlooking the Colorado. An ideal location for a hotel, restaurant, and/or commercial mixed use. Municipal utilities and power to the property line. Please see attached documents.
Details
Maps
Documents
Location Info
Current Price: $900,000
Type: Commercial Land
Major Area: New Castle
Area: 10-South of New Castle
Original List Price: 1500000
Asking Price: 1500000
Street #: 7051
Street Name: County Road 335
City/Town: New Castle
State/Province: CO
Postal Code: 81647
Keywords Info
Lot Size: Refer to Acreage
Acreage: 5.1 - 10
Listing Info
Listing Date: 2020-10-06
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
List Price Per/Acre: 256849
Sold Price Per/Acre: 154109
Sub/Loc: Riverpark
Legal: Section: 2 Township: 6 Range: 91 Subdivision: RIVERSIDE PARK SUBDIVISION Lot: 1 5.84 ACRES
Lot SqFt: 25439040
Nbr of Acres: 5.84
County: Garfield
Zoning: Highway business PUD
Sold Price Per/SF: 0.04
PUD: Yes
Orig List Price Per/SF: 0.06
Asking Price Per/SF: 0.06
Parcel #: 218102108001
Directions: East of I70 overpass along County Road 335
on the Colorado River
Financing Info
Metro Tax District: No
Taxes: 5125.36
Tax Year: 2020
Transfer Tax: No
Payment Per: Unknown
Special Assessments: none
HOA Dues Y/N: No
Status Change Info
Status: Closed
Under Contract Date: 2022-09-26
Proposed Close Date: 2022-12-26
Sold Date: 2023-01-30
Sold Price: $900,000
How Sold: Owner Will Carry
Remarks
Public Remarks: Rare Development Opportunity! Beautiful parcel on the Colorado River located directly off of the I-70 exit/entrance ramp with high visibility and easy access. Six acres, with approximately 3.2 usable acres, on prime river frontage overlooking the Colorado. An ideal location for a hotel, restaurant, and/or commercial mixed use. Municipal utilities and power to the property line. Please see attached documents.
Property Features
Allowable Uses: Business w/RE; Hospitality; Hotel/Lodge; Income; Mixed Use; Office; Restaurant/Bar; Retail
Access: Paved
Electric: Electric at Property
Water Rights: Community
Sanitation: Sewer
Mineral Rights: No
Crops: No
Documents on File: Survey
Possible Use: Subdivision
Lot Description: Flat; River Frontage; View
Approval Features: No Approval
Lot Improvements: Street Paved
Terms Offered: Cash; Joint Venture; Owner Finance; Trade
Sign: Yes
Showing Instructions: Short Notice
Possession: DOD
Hotel, Restaurant and Retail Rendering 
Listing Office: Roaring Fork Sotheby's Meadows
Last Updated: February - 02 - 2023
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) 366-3511