1650 Upper Apex Rd - Foothills Development Opportunity
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1650 Upper Apex Rd - Foothills Development Opportunity
41 Acres of Commercial Land Offered at £938,940 in Black Hawk, CO 80422
Executive Summary
- Extremely rare Front Range mountain development opportunity with multiple paths for development either through Gilpin County or Central City
- Intense housing demand pressures both locally for casino workers and more broadly for Front Range workers/residents
- Slope/topo is relatively flat for mountain property, and no area is undevelopable due to topo constraints
-Electricity to the property already with water and other infrastructure being along Upper Apex Road
- Past 24-month trailing sales data on the townhomes next door
- Average sale price of $480k | Average unit size of 1,887 SF | Townhomes were built in 2008
- Intense housing demand pressures both locally for casino workers and more broadly for Front Range workers/residents
- Slope/topo is relatively flat for mountain property, and no area is undevelopable due to topo constraints
-Electricity to the property already with water and other infrastructure being along Upper Apex Road
- Past 24-month trailing sales data on the townhomes next door
- Average sale price of $480k | Average unit size of 1,887 SF | Townhomes were built in 2008
Property Facts
1 Lot Available
Lot
Price | £938,940 | Lot Size | 41.00 AC |
Price Per AC | £22,901 |
Price | £938,940 |
Price Per AC | £22,901 |
Lot Size | 41.00 AC |
Resource Residential (see important links below for more details) Can build 13 homes by-right in the County, but may be able to get annex into Central City for significantly denser zoning - Townhome development next door was built out 10 units/ac.
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zoning
Zoning Code | Commercial |
Commercial |
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1650 Upper Apex Rd - Foothills Development Opportunity
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