6 311-acre development site for sale€¦ · morrison s w ad sw o r th blvd 6 marston lake...

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www.newmarkkf.com Northeast Quadrant C-470 at Morrison Rd. | Morrison, Colorado THE RESIDENCES AT RED ROCKS CENTER BANDIMERE SPEEDWAY 470 MORRISON ROAD MCINTYRE STREET ALAMEDA PARKWAY INTERCHANGE MORRISON ROAD INTERCHANGE 311-Acre Development Site for Sale • 82 commercially-zoned and platted sites • Acreage is net of street rights-of-way • Entitlements in place • Funding available for infrastructure • The C-470 Interchange offers 81,000-car daily traffic count providing high visibility and easy access • Intergovernmental Agreement (IGA) between Morrison and Lakewood provides for extraordinary bonding capacity to cover infrastructure costs • Seller will consider dividing property N

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Page 1: 6 311-Acre Development Site for Sale€¦ · moRRiSoN S W ad SW o R th blvd 6 maRStoN lake FoothillS golF CoURSe piNehURSt CoUNtRy ClUb beaR CReek golF ClUb Fo holloW golF CoURSe

N

www.newmarkkf.comwww.newmarkkf.com

No broker shall be entitled to a commission unless broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice and to any special conditions imposed by our principal. Newmark Knight Frank Capital Group or its independent brokers are or will be acting as agents of the seller/lessor. Newmark Knight Frank Capital Group or its independent brokers will not act as your agent unless an agency agreement is signed and in effect.© 2012, Newmark Knight Frank Capital Group. All Rights Reserved.

Steve Roesinger 303.260.4350 [email protected]

Wade Fletcher [email protected]

Northeast Quadrant C-470 at Morrison Rd. | Morrison, Colorado

W alameda pkWy

470

121

moRRiSoN Rd

RED ROCKS AMPITHEATRE

bear creek lake park

BEAR CREEK LAKE

town of morrison

S W

ad

SW

oR

th b

lvd

6

MARSTONLAKE

FOOTHILLS GOLF COURSE PINEHURST

COUNTRY CLUB

BEAR CREEK GOLF CLUB

FOX HOLLOWGOLF COURSE

HOMESTEAD GOLF COURSE

1,100 Homes existing + planned

BANDIMERE SPEEDWAY

the residencesat red rocks center

FRIENDLY HILLS

WILLOWBROOK

BELLEVIEW ACRES

GOVERNORS RANCH

RED ROCK COUNTRY

CLUB

ROONEY VALLEY

W QUiNCy ave

W bellevieW ave

W boWleS ave

W alameda ave

MAIN RESERVOIR

LAKEWOOD

GREEN MOUNTAIN VILLAGE

GREEN MOUNTAIN OPEN SPACE

SODA LAKES

BANDIMERE SPEEDWAY

470

moRRiSoN Road

mCiNtyRe StReet

alameda paRkWayiNteRChaNge

moRRiSoN RoadiNteRChaNge

311-Acre Development Site for Sale

• 82 commercially-zoned and platted sites

• Acreage is net of street rights-of-way

• Entitlements in place

• Funding available for infrastructure

• The C-470 Interchange offers 81,000-car daily traffic count providing high visibility and easy access

• Intergovernmental Agreement (IGA) between Morrison and Lakewood provides for extraordinary bonding capacity to cover infrastructure costs

• Seller will consider dividing property

N

Page 2: 6 311-Acre Development Site for Sale€¦ · moRRiSoN S W ad SW o R th blvd 6 maRStoN lake FoothillS golF CoURSe piNehURSt CoUNtRy ClUb beaR CReek golF ClUb Fo holloW golF CoURSe

demogRaphiCS (2011)

Source: http://gis.drcog.org/trafficcounts/

1 Mile 3 Miles 5 MilesPopulation 505 19,730 109,057Households 164 7,302 43,585Median HH Income $57,096 $92,787 $76,973Avg. HH Income $74,976 $118,831 $101,913

Source: AnySite Online

tRaFFiC CoUNtS

• Morrison RD: 30,000 VPD• C-470: 100,000 VPD

loCatioN: Northeast Quadrant C-470 at Morrison Road

laNd aRea: 311 Acres M/L (net of streets)

eNtitlemeNtS: 82 individual sites zoned and platted for commercial and residential use.

ZoNed/platted:

City/CoUNty: Town of Morrison, Jefferson County, Colorado Intergovernmental Agreement between the City of Lakewood and Town of Morrison provides for municipal services.

iNFRaStRUCtURe: Engineered streets with electric, gas, water and sewer services to the site.

boNd FiNaNCiNg: Approval in intergovernmental agreement for up to 50% of sales tax revenue available for bond financing of infrastructure costs, including parking.

pRopeRty highlightS

Section Uses gross

acreage

max Floor area (SF)

1 Commercial Retail 80.51 625,0002 Mixed-Use 46.42 175,0003 Business 34.85 725,0004 Business 48.96 775,0005 Residential MF/SFA 10.55 36 MF/18 SFA MAX DU/AC6 Residential SFA/SFD 14.69 18 SFA/9 SFD7 Residential SFA/SFD 26.5 18 SFA/9 SFD8 Residential SFD 46.49 9 SFD9 Civic 8.41 60,0001,2,3,4 Hotel/Motel N/A 300 RoomsRoads 27.10

N

mCiNtyRe StReetMcIntyre Street to be completed up to Solterra Development in Spring ‘13

Red Rocks Baptist Church

Change Life Ministries

moRRiSoN Road

Page 3: 6 311-Acre Development Site for Sale€¦ · moRRiSoN S W ad SW o R th blvd 6 maRStoN lake FoothillS golF CoURSe piNehURSt CoUNtRy ClUb beaR CReek golF ClUb Fo holloW golF CoURSe

N

www.newmarkkf.comwww.newmarkkf.com

No broker shall be entitled to a commission unless broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice and to any special conditions imposed by our principal. Newmark Knight Frank Capital Group or its independent brokers are or will be acting as agents of the seller/lessor. Newmark Knight Frank Capital Group or its independent brokers will not act as your agent unless an agency agreement is signed and in effect.© 2012, Newmark Knight Frank Capital Group. All Rights Reserved.

Steve Roesinger 303.260.4350 [email protected]

Wade Fletcher [email protected]

Northeast Quadrant C-470 at Morrison Rd. | Morrison, Colorado

W alameda pkWy

470

121

moRRiSoN Rd

RED ROCKS AMPITHEATRE

bear creek lake park

BEAR CREEK LAKE

town of morrison

S W

ad

SW

oR

th b

lvd

6

MARSTONLAKE

FOOTHILLS GOLF COURSE PINEHURST

COUNTRY CLUB

BEAR CREEK GOLF CLUB

FOX HOLLOWGOLF COURSE

HOMESTEAD GOLF COURSE

1,100 Homes existing + planned

BANDIMERE SPEEDWAY

the residencesat red rocks center

FRIENDLY HILLS

WILLOWBROOK

BELLEVIEW ACRES

GOVERNORS RANCH

RED ROCK COUNTRY

CLUB

ROONEY VALLEY

W QUiNCy ave

W bellevieW ave

W boWleS ave

W alameda ave

MAIN RESERVOIR

LAKEWOOD

GREEN MOUNTAIN VILLAGE

GREEN MOUNTAIN OPEN SPACE

SODA LAKES

BANDIMERE SPEEDWAY

470

moRRiSoN Road

mCiNtyRe StReet

alameda paRkWayiNteRChaNge

moRRiSoN RoadiNteRChaNge

311-Acre Development Site for Sale

• 82 commercially-zoned and platted sites

• Acreage is net of street rights-of-way

• Entitlements in place

• Funding available for infrastructure

• The C-470 Interchange offers 81,000-car daily traffic count providing high visibility and easy access

• Intergovernmental Agreement (IGA) between Morrison and Lakewood provides for extraordinary bonding capacity to cover infrastructure costs

• Seller will consider dividing property

N