$1,270,000
$1,790,000
29.1%For more information regarding the value of a property, please contact us for a free consultation.
10.32 Acres Lot
SOLD DATE : 09/22/2021
Key Details
Sold Price $1,270,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Castle Valley Ranch
MLS Listing ID 171381
Sold Date 09/22/21
HOA Y/N Yes
Originating Board Aspen Glenwood MLS
Annual Tax Amount $2,441
Tax Year 2020
Lot Size 10.317 Acres
Acres 10.32
Property Description
Outstanding development opportunity @ the round-about adjacent to schools & park parcels in the heart of Castle Valley Ranch. Approved for 89,770 sq. ft. of commercial development, its completion will fulfill the promise
of creating a primary community core to serve residents & visitors alike. This parcel is perfectly situated
for the creation of a compact, pedestrian oriented mixed-use environment. The incorporation of a public transportation hub into the design (such as RFTA) would complement the vision.
www.Consensus.gov states that the New Castle median household income is significantly higher than Rifle's
or Glenwood Springs', yet New Castle residents spend their money in neighboring towns. Immediate demand exists for restaurants, retail shops and medical/dental/vision offices35 EQR included as set aside in the water rights agreement as recorded at Reception No. 721292 in Garfield County Records. 35 EQR included as set aside in the water rights agreement as recorded at Reception No. 721292 in Garfield County Records.
Location
State CO
County Garfield
Community Castle Valley Ranch
Area New Castle
Zoning PUD - Mixed Use MU-1
Direction I-70 to New Castle, Turn North, proceed up Castle Valley Blvd. Turn right on N. Wildhorse. The mixed use property is on the left below Vix Ranch Park. Alternative directions - Follow Castle Valley Blvd. to the roundabout at Pyramid Drive. The mixed use parcel is on the right (uphill and north of the roundabout)
Building
Water Public
Others
Tax ID 212330400002
Acceptable Financing Cash
Listing Terms Cash
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