Don’t Miss this Opportunity to BID, BUY, OWN Purchase 114  Acre Prime Development Land in Pueblo, CO!

DETAILS

2.5% Broker Co-Op

Live & Online: Friday, Aug 9 | 1:07 PM MT

Auction Location: 8055 E Tufts Ave, Suite 700, Denver, CO 80237

Property Preview: Saturday, Aug 3 | 11 AM – 1 PM

Property Address: Hwy 47 & Troy Ave, Pueblo, CO 81001

This property is currently zoned as a PUD and can accommodate a mix use of Commercial, Multi-Family and Single Family opportunities. Located on the North side of Pueblo, just off of I-25, is now ready for development. You won't want to miss this opportunity to invest and develop this property with a convenient location in a fast growing community. The property borders a residential community and commercial properties. Colorado State University Pueblo is located across the street and boasts more than 4,000 students. A portion of the subdivision is included in an Urban Renewal Zone (TIFF District) for development assistance.

PROPERTY HIGHLIGHTS

• 114± Acres
• Zoned PUD w/ opportunities for commercial, multi-family & single-family residential lots
• Urban Renewal Zone (TIFF District) development assistance
• Development plan & preliminary site plan available
• Utilities available to site
• Desirable location – Just off of I-25 & Hwy 47 in Pueblo, CO
• Located within minutes of retail stores, banks, offices, restaurants & Colorado State University

LOCATION

Our prime location is located just off I25 located on Hwy 47 across from Colorado State University - Pueblo and minutes from retail, stores, banks, and offices. 

HOUSING MARKET

As the Denver market continues to soar people are looking to move to more affordable areas such as Pueblo, CO.

Average sales price of homes in the city of Pueblo for May 2019 was $182,214. The median is $164,000. For Pueblo West during the same period, the average was $267,000 and the median was $264,250.  For year-end in 2018, Pueblo County average sales price was $192,000; median was $185,000. For 2013 the Median was $120,500 and the average was $128,500- almost a 50% increase in home values.

Single family Units sold in Pueblo County in the last 12 months (from June 2018- June 2019   2707 Average sales price $200,358 Same time last year 2965 units sold. $187,090 Average

The percentage of sales volume to agents outside of the Pueblo MLS for YTD 2019 is 5.13%. For 2018 it was 4.73%; for 2017 it was just 3.67%. And in 2013, it was only 2.75%. The volume of sales in the Pueblo market from outside agents increased more than 180% during those 5 1/2 years.  Which is a good sign that surrounding area brokers and buyers have their eye on Pueblo.

There was 361 new home permits issued in Pueblo County in 2017 and 439 issued in 2018.

MORE ABOUT PUEBLO

The City of Pueblo has a long and colorful history dating back to 1842, when it was called Fort Pueblo. What brought our city from a small fort in southern Colorado to the backbone of Colorado were the ore mines. This area once housed 4 separate towns, which are Pueblo, South Pueblo, Central Pueblo, and Bessemer. These 4 towns together now make up the City of Pueblo.

The City of Pueblo is also known as "America's Home of Heroes," as was proclaimed by the United States Congress in 1993. Pueblo hosts National Medal of Honor Day and has had as many as 4 living Medal of Honor recipients living in our community.

ndividuals and families alike enjoy the Historic Arkansas Riverwalk in Pueblo; El Pueblo History Museum; Sangre de Cristo Arts Center; Pueblo Zoo; Buell Children’s Museum; Walking Stick Gold Course; Elwood Golf Course; Lake Pueblo State Park; Blues & BBQ Festival; Chile & Frijoles Festival; Colorado State Fair; Pueblo County Fair; and much, much more.

*Urban Renewal Zone may assist with funding and planning and zoning

All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. United Country Prestige Real Estate Auction, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.

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United Country | Prestige Auction

Janelle Karas, Owner/Broker/Auctioneer 

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