For Sale
$5,000,000

0 Hwy 115 & Norad RdColorado Springs, CO 80906

110 Acres, $5M, A-5 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 110.39-acre commercial land parcel presents a significant investment opportunity in Colorado Springs, Colorado. Located at the intersection of Hwy 115 and Norad Rd, with a zip code of 80906, this property boasts a strategic location and substantial development potential. The land is zoned A-5 (El Paso County), offering flexibility for a variety of uses. Potential development options include single-family, multi-family, or senior housing projects, subject to necessary approvals and permits. The asking price is $5,000,000, translating to approximately $45,294 per acre. The expansive 4,813,559 square foot lot provides ample space for large-scale development. While there is an existing structure on the property, built in 1940, with a building size of 1,600 square feet and two floors, the primary value lies in the significant land area. The price per square foot of the existing building is $1.04. This property is ideal for developers seeking a substantial land holding in a rapidly growing area of Colorado Springs. Serious inquiries only.

Highlights

  • 110.39-acre land parcel.
  • A-5 zoned land (El Paso County).
  • Potential uses: single-family, multi-family, senior housing.
  • $5,000,000 asking price.
  • 4,813,559 square feet of land.
  • 1940 construction.

Property Details for 0 Hwy 115 & Norad Rd

Property type
Land
Lot Size (sq. ft)
4,808,588 SF

Location Insight

City
Colorado Springs
County
El Paso
State
Colorado
Latitude
38.7573649
Longitude
-104.8118296
Hwy 115 & Norad Rd, Colorado Springs, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Hwy 115 & Norad Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message