Land

$3,000,000

Lot 4 CR 36 and WCR 3, Mead CO

MLS ID: IRE1052538
County: Weld
Acres: 37
Rare opportunity to acquire 37.00 acres in Weld County with a proposed 9-lot estate subdivision. Preliminary subdivision layout creates nine 2-3.5 acre lots positioned for custom homes in the $2.0M-$3.0M range. Based on current luxury rural sales averaging approximately $2.5M, projected finished lot values support the $450,000-$500,000 range per lot.Ideal for: Custom home builder Boutique developer Investor seeking horizontal value-add opportunityProperty is located at the intersection of County Road 36 & County Road 3 with utility coordination initiated (see associated utility service documentation). The listing price of $2,000,000 reflects a strong basis relative to the projected finished lot retail value of approximately $4.5M. Subdivision plans and supporting materials available upon request.
Mead CO 80542

Information source: ©2021 Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Terms of Use: Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Information deemed reliable but not guaranteed by the MLS.

Information source: ©2021 RE Colorado, INC. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of RE Colorado, INC. Real estate listings held by brokers other than owners of this website are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.