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This 11.47 Acre site is a well-located parcel in North Colorado Springs, near the intersection of Voyager Parkway and Old Ranch Road. The immediate submarket is anchored by InterQuest Parkway and has become one of the most prominent and active growth corridors in the region with a mix of commercial, retail, entertainment, recreation, education, health services and residential uses. The area is dominated by several large master planned communities including The Farm and Flying Horse Ranch to the North, Pine Creek to the South, and Wolf Ranch and Cordera to the East. Housing demand is very strong in this submarket and many of these large legacy communities are either built out or approaching close out. Multi-family rental communities in this area have steady occupancy levels and comparable rent rates to the proposed product. Given the growth and demand of the Northgate submarket and the unique product offering, this site poses an exciting opportunity for future development. Current Zoning: R5/SS
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2210 Old Ranch Road
11.47 Acres
2210 Old Ranch Road
Colorado Springs, CO  80908
Type:  Land
Posted: 10/13/2023

This 20+ acre shovel ready site is a well-located parcel in the Bradley Heights community of Southeast Colorado Springs, near the S Powers corridor and Bradley Road. The immediate submarket is anchored by S Powers Blvd and has become one of the most prominent and active growth corridors in the region, with a mix of commercial, retail, aviation, recreation, education, and residential uses. The area is dominated by several large master planned developments including the Peak Innovation Park, Amazon warehouse hub, Colorado Springs Airport and United States Space Force. The Bradley Heights site sits within a growing mixed-use development containing new single-family homes, multifamily, commercial, business center, church, parks, and an elementary and middle school. In addition, this site is 12 miles to Downtown Colorado Springs and only minutes from the 2,000+ acre master planned airport business park. Housing demand is very strong in this submarket. Given the growth and demand of this submarket, the allowable density up to 24.99 DU/Acre, and the unique product offering, this site presents an exciting opportunity for future development.

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Bradley Heights
20 Acres
5915 Big Johnson Drive
Colorado Springs, CO  80925
Type:  Land
Posted: 2/2/2024

Cushman & Wakefield is pleased to present The Brookside (Ivywild) Apartments. This property stands as an established 17-unit apartment complex located in the heart of “Olympic City USA” Colorado Springs, Colorado. This well-maintained complex offers a favorable and desirable mix of upgraded 1-bedroom and 2-bedroom units, offering an attractive investment with predictable in-place returns. The property offers an Assumable Agency Loan fixed through 2031 with a 3.93% percent rate.

Recent renovations ensure lowered maintenance expenses and increased tenant satisfaction, adding to its long-term profitability & stability. Residents also enjoy the onsite laundry, ample off-street parking, and prime location in the Ivywild & North Nevada Redevelopment corridor. The property’s proximity near Hwy 25 & Downtown Colorado Springs provides easy access to major transportation and nearby amenities, including upscale dining such as Prime 25, retail shops like Lululemon, Verda Spa, and two major grocery stores including the newly constructed Sprouts Farmers Market.

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Brookside Apartments
17 Units
316 E Brookside St
Colorado Springs, CO
Posted: 5/6/2024

Cushman & Wakefield is pleased to present Bunnell Apartments, a well maintained 16-unit apartment community located in the heart of Colorado Springs. The property is located blocks from North Academy Blvd and Powers Blvd, with quick access to Downtown Colorado Springs, West of Peterson Space Force Base, the Colorado Springs Airport and Palmer Park. The current ownership has self-managed the property with a long-term hold strategy while focusing on improving every aspect of the property. The Bunnell Apartments presents a unique prospect to acquire a renovated value-add asset with an opportunity to implement professional management and finish interior renovations to significantly boost annual NOI.

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Bunnell Apartments
16 Units
3933 E San Miguel Street
Colorado Springs, CO  80909
Posted: 4/11/2024

Cushman & Wakefield is pleased to present Early Sun Drive, a 2.77-acre development site located between South Academy Blvd and Valley Hi Golf Course. While the property is currently zoned as MX-N and is fit to occupy both multifamily, office and retail locations, plans are already available for a 34-unit townhome development. Early Sun is centrally located on Academy Blvd. 10 minutes East of Downtown Colorado Springs and 10 minutes from the Colorado Springs Airport, Fort Carson, Peterson Space Force Base, and the brand-new Peak Innovation Park. The Peak Innovation Park is a new 1,600-acre master planned airport business park home to multiple Fortune 100 businesses including Amazon, Northrop Grumman, Coca-Cola, Pepsi, Frito-Lay and The Aerospace Corporation.

Seller Financing Available—please contact the listing team for terms.

Current plans for 34 townhomes consisting of large 3-bed, 3-bath, and 2-car garage units.

Architectural Design & Structural Engineering plans prepared and ready to submit to PPRBD.

Civil Engineering plans have been submitted to the city—Survey done by Galloway, Subdivision, Streets, Utilities, Detention Pond.

Centrally located site on Valley Hi Golf Course with quick access North/South via Academy Blvd and East/West via Airport Rd and Fountain Blvd.

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Early Sun Drive
2.77 Acres
638 Lakewood Circle
Colorado Springs, CO  80910
Type:  Land
Posted: 1/22/2024

The Flying Horse Development Site is a 5.915-acre shovel ready site located in the highly sought after Flying Horse masterplanned community in North Colorado Springs. This development site is the only land currently available in Flying Horse that is zoned for multifamily, offering an abundance of optionality; whether developing Apartments, Active Adult, For Sale product, or Build-for-Rent product.

Investment Highlights:

• Only available site zoned multifamily within the Flying Horse master-planned community

• Currently entitled for 118 units and 20 DU/Acre

• The Flying Horse Community & Club features two pristine 18-hole golf courses, 43,000 SF clubhouse, fitness facilities, renowned Spa at Flying Horse, world-class steakhouse and dining

• Located in the highly desirable Academy School District 20 that consistently ranks in the top two districts in Colorado Springs

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Flying Horse Development Site
5.92 Acres
Silversmith Road
Colorado Springs, CO  80921
Type:  Land
Posted: 6/17/2024

The Old Ranch & Kettle Creek Land Sites are two well-located parcels in North Colorado Springs, near the intersection of Voyager Parkway and Old Ranch Road. The immediate submarket is anchored by Interquest Parkway and has become one of the most prominent and active growth corridors in the region with a mix of commercial, retail, entertainment, recreation, education, health services and residential uses. The area is dominated by several large master planned communities including The Farm and Flying Horse Ranch to the North, Pine Creek to the South, and Wolf Ranch and Cordera to the East. Housing demand is very strong in this submarket and many of these large legacy communities are either built out or approaching close out. Multi-family rental communities in this area have steady occupancy levels and higher comparable rent rates to the rest of Colorado Springs. The sites can be purchased together, but are available to be purchased separately as well.

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Old Ranch Road & Kettle Creek
12.12 Acres
2060 Old Ranch Road & 10515 Kettle Creek Road
Colorado Springs, CO  80908
Type:  Land
Posted: 4/29/2024