3415 Double Tree CtColorado Springs, CO 80921

For Sale
$1,495,000

8.35 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 8.35-acre commercial land parcel, situated at 3415 Double Tree Ct, Colorado Springs, CO 80921, presents a remarkable investment opportunity. Located at the northwest corner of Highway 83 and Hodgen Road, within the Cherry Creek Crossing development, this PUD-zoned property boasts high visibility and exceptional access, benefiting from over 13,000 daily vehicles on Highway 83. The site is ideally positioned to serve the burgeoning residential communities of Flying Horse North and High Forest Ranch, offering a unique chance to develop a neighborhood-serving commercial village. Existing infrastructure includes readily available electric, gas, voice/data services, and significant water rights (11.2 acre-feet). The property's strategic location within a high-growth corridor, coupled with its proximity to affluent neighborhoods (including Cherry Creek Crossing, with over 110 homes), makes it perfectly suited for a variety of commercial uses. Potential development options include, but are not limited to, a fuel-convenience store, childcare facilities, and office/retail spaces (such as coffee shops, medical offices, or professional services). The asking price is $1,495,000, translating to $4.11 per square foot. Detailed demographic data within a 5-mile radius reveals a strong population base with high household incomes and educational attainment, further underscoring the property's significant potential. The property is being offered for sale as-is. The seller is open to subdividing the land or exploring build-to-suit options. This is a rare opportunity to capitalize on the explosive growth in this desirable area of Colorado Springs. The surrounding area anticipates significant future residential growth, including the addition of 846 residential units and a 275-room resort hotel in the nearby Flying Horse North development.

Highlights

  • Exceptional investment opportunity in a high-growth area with significant future value appreciation.
  • Strong and stable demographics within a 5-mile radius.
  • Population within 1, 3, and 5-mile radius: 15,000, 30,000, and 62,000 respectively.
  • Median age consistently high, ranging from 40 to 43 years within the 5-mile radius.
  • High household incomes averaging over $130,000 within a 3-mile radius.
  • Highly educated population; over 88% college-educated within a 5-mile radius.

Property Details for 3415 Double Tree Ct

Property type
Other land, Land
Square Feet
363,726 SF
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
39.071618
Longitude
-104.763272
3415 Double Tree Ct, Colorado Springs, Colorado

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3415 Double Tree Ct
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