84 & 160 Tbd Us HwyPagosa Springs, CO 81147

This exceptional 74-acre property, situated at the intersection of US Highways 160 and 84 in Pagosa Springs, Colorado (Archuleta County), presents a unique investment opportunity. Located just east of Pagosa Springs' Old Town, this site serves as a gateway to the historic downtown area. The City of Pagosa Springs has recently updated its zoning codes, enabling a wide range of commercial, industrial, and residential uses. Permitted uses include mixed-use corridors, institutional and civic uses, office and business spaces, retail sales, lodging facilities, manufacturing and warehouse space, and even affordable workforce housing. All off-site improvements have been completed and accepted by the City. Extensive engineering work is complete, including a CDOT permit, environmental studies conducted by Ecosphere Environmental Services, Inc., retention plans, traffic counts, ingress/egress analysis, platting, and utility planning. The property boasts final approval of its Preliminary Development Plan from the City of Pagosa Springs. Final plat approval is readily attainable, either as submitted or with minor administrative amendments. This turnkey development opportunity offers significant potential for a diverse range of projects, capitalizing on its strategic location and the comprehensive groundwork already completed. The asking price for this remarkable property is $4,900,000.