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5705 Erindale Dr 1.37 Acres of Commercial Land Offered at $1,395,000 in Colorado Springs, CO 80918

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INVESTMENT HIGHLIGHTS

Rare North Colorado Springs infill opportunity
All 1 Bed / 1 Bath units with terraces
Shovel ready

Fully approved development plans for 40 units
Minutes from local retail, dining, and entertainment options through the North Academy Blvd Corridor

Erindale Development Site- OM Final 6.2024

PROPERTY FACTS

Price	$1,395,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily Apartment Units
No. Lots	1	Total Lot Size	1.37 AC
Property Type	Land

Price	$1,395,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units
Total Lot Size	1.37 AC

1 LOT AVAILABLE

Lot 6316312010

Price	$1,395,000	Lot Size	1.37 AC
Price Per AC	$1,018,248.18

Price	$1,395,000
Price Per AC	$1,018,248.18
Lot Size	1.37 AC

Currently approved for 40 Units Building A: 10 Units Per Floor Area (3 Story) Building B: 5 Units Per Floor Area (2 Story)

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5705 Erindale Dr, Colorado Springs, CO - AERIAL map view

Walk Score®

Very Walkable (76)

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PROPERTY TAXES

Parcel Number	63163-12-010	Improvements Assessment	$0
Land Assessment	$108,220	Total Assessment	$108,220

PROPERTY TAXES

Parcel Number

63163-12-010

Land Assessment

$108,220

Improvements Assessment

$0

Total Assessment

$108,220

ZONING

Zoning Code	OC - CU
OC - CU

(719) 648-0423

CONTACTS

Patrick Knowlton
Jeff Dimmen
Cushman & Wakefield

Listing ID: 32122609
Date on Market: 6/13/2024
Last Updated:
Address: 5705 Erindale Dr, Colorado Springs, CO 80918

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5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 1 of 10 — 2-web-or-mls-DJI_20240605095633_0411_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 2 of 10 — 3-web-or-mls-DJI_20240605095710_0412_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 3 of 10 — 5-web-or-mls-DJI_20240605095857_0414_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 4 of 10 — 1-web-or-mls-DJI_20240605100206_0417_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 5 of 10 — 4-web-or-mls-DJI_20240605095807_0413_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 6 of 10 — 6-web-or-mls-DJI_20240605100053_0415_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 7 of 10 — 7-web-or-mls-DJI_20240605100136_0416_D

5705 Erindale Dr, Colorado Springs, CO for sale Building Photo- Image 8 of 10 — Building Photo

5705 Erindale Dr, Colorado Springs, CO for sale Aerial- Image 9 of 10 — Aerial

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