| Sell Price: |
|
9500000 |
| Location: |
|
Teller 1
Cripple Creek
Colorado
United States |
| Property Type: |
|
Commercial Property |
| Property Details: |
|
BUILDER or INVESTOR OPPORTUNITIES PREMIUM COLORADO DEVELOPMENT PROPERTIES WITH ZONING & APPROVALS City of Cripple Creek, Teller County, Colorado, USA 80813 (Pikes Peak / Colorado Springs Area)17 Casinos - Huge Gold Mining / Recovery Operations - Tourism - Ranching - Spectacular Growth & Vista’s ____________________________________________________________________ a. (Captioned Listing)COMMERCIAL DEVELOPMENT SITE Zoned Planned Business Center (P.B.C.) Approvals for a HOTEL & SHOPPING / BUSINESS CENTER. 20 Acres / 873,000 s.f. (Median Commercial raw land averages $850,000 per acre) ATTRACTIVELY PRICED at $9,500,000. b. (Related Listing)Mixed MULTI-FAMILY DEVELOPMENT SITE Zoned Planned Urban Development (P.U.D.) with Approvals for 1,245 Housing UNITS (or equivalency) - 77+Acres / 3,361,000+ s.f. (We recently sold a 4 acre parcel with approvals for 60 units for $1,000,000 or $250,000 per acre) PRICED WELL BELOW MARKET at $7,500,000 c. Combined a. & b.: 97 contiguous Acres (4,236,000+ s.f.) with all City services, utilities capabilities, entitlements / approvals, 800 ft. Highway frontage and a established earthen dam for recreation / retention. Approvals were secured with a Concept Development Plan. A final Development Plan must be filed for Construction permitting. U.R.S. Utility plans are included. There are no Environmental issues. Property Topography and the City Administration are Builder Friendly. Priced far below Market Value for your consideration as a package at $14,500,000., allowing for a stellar Investor Advancement Opportunity. Owner is offering some non-qualifying financing at a favorable rate. _____________________________________________________________________________________ LINKS: *CITY: cripple-creek.co.us/govt *COUNTY: co.teller.co.us *STATE: state.co.us *DEMOGRAPHICS: fed stats.gov/qf/states *ECONOMIC ANALYSIS: bea.doc.gov/bea/regional *BUSINESS PATTERNS: census.gov/epcd/cbp *CASINOS: cripple-creekcolorado.com Broker Participation Invited ***** Due Diligence Materials Furnished upon Request H.C.D., LLC - ED DORAN, Pres. - Email: edldoran@msn.com PH.: 908 872 7356 (NJ-US-EDT) |
| Date Published: |
|
30-Apr-2008 |
| Date Updated: |
|
12-May-2008 |
|
|
Edward Doran
Contact now
Phone: 908-872-7356
Fax: 973-635-1569
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