About 8650 Spruce Mountain Road

**Location, Location, Location!** This 5.68-acre site is zoned as "Planned Development," allowing for MIXED-USE development. Both residential and numerous commercial uses are permitted. The property can be developed into business office buildings, retail stores, restaurants, or even multi-family housing! The possibilities are nearly limitless!

All essential utilities, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable, are available. TAP FEES for public water and sewer are dramatically reduced, and a SALES TAX Share-back Agreement is in place to offset infrastructure costs, allowing you to receive a portion of any sales taxes generated from businesses developed on the site. Located just half a mile off I-25 at the Larkspur Exit (Exit #173), this site boasts 614 feet of frontage along Spruce Mountain Road—the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, making for an easy 30-minute commute to both major economic centers, AND it's only a 10-minute drive to Castle Rock. A brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Enjoy the festive Christmas lights in the winter, a farmers market, and "Music in the Park" concerts during the summer. You’ll also find restaurants, shops, and other businesses within walking distance, all while enjoying beautiful views of the nearby towering buttes and mesas.

Property details

Property

Type: Improved Land
MLS type: Land
Status: Active Under Contract
Lot: 5.68 AC / 247,420 SF
MLS #: 6287094

Exterior & lot

Lot: Level, Open Lot
Fence: Partial
View: Meadow, Mountain(s)

Schools

District: Douglas RE-1

Utilities

Utilities: Cable Available, Electricity Available, Electricity To Lot Line, Natural Gas Available, Phone Available
Water: Public
Sewer: Public Sewer

Financial

Annual tax: $21,197
Parcel: R0492419
Special conditions: None Known

Location

Subdivision: BUSS SUBDIVISION
County: Douglas
Directions: From I-25 at the Larkspur Exit (#173) take Spruce Mountain Road south approx. 1/2-mile into the Town of Larkspur. The Property is located on the EAST Side of Spruce Mountain Road, adjacent to the Larkspur Hall. OR, if coming from Colorado Springs, take I-25 to the Lake Gulch Road Exit (#172), at end of off-ramp, turn LEFT and go 1/4-mile to Spruce Mountain Road, turn LEFT.

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8650 Spruce Mountain Road

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