The property consists of approximately 23 acres adjacent to the Colorado Springs city limits. It is currently zoned county commercial zone CC - Commercial Community which allows for a wide range of commercial uses (see the El Paso County Land Use Codes document below.) It is one of the last large parcels in the vicinity available for immediate development either in the county, or may likely be developed in the city after annexation. All utilities are available from either the city (electric & natural gas) or the Stratmoor Water & Sanitation District (water & sewer.)
The property includes an income source from two billboard structure leases which provided approximately $11,400 income during 2019.
The property lies along Venetucci Blvd., also know as Highway 85/87. Venetucci Blvd. is now in the process of being realigned to run south to Academy Blvd. to the south of the subject property. The realigned road already runs along the new Walmart commercial complex south of B Street. The realignment construction is due to start in 2019 and to be completed in 2020.
With the property's location to the gateway to Fort Carson via B Street, being adjacent to the Colorado Springs World Arena, and large commercial centers to the north, and the Walmart commercial complex to the south, the viability of this property for successful development is significant.
Please note, the entire property must be purchased. We cannot sell just a portion of the property.