E 50th St, Loveland, CO 80538

Property Description

LC Real Estate Group is pleased to present the opportunity to develop up to 12.5 acres for up to +/- 8to 24 dwelling units per acre, estimated at +/- 50 to 300 dwelling units and/or commercial lots within the Windsong 7th PUD. Currently zoned B-UD, "B- Developing Business" and "Unit Development". Flexible zoning code allowing for a variety of residential and commercial uses. Consider developing all or just a portion of the available site. Potential residential uses include market rate and/or tax credit apartments, condominiums, townhomes, and paired homes. Three development areas range from 3 to 12.5 acres. Recent density study shows 246 to 266 multifamily and attached housing units. High profile location in North Loveland along US Hwy 287/N. Garfield Ave. the main north/south corridor serving the Loveland-Fort Collins area and south of E. 50th St. Half acre to 4.5 acres of commercial frontage with lighted hard corner intersection on Hwy 287 and E. 50th St. Potential commercial uses include destination retail, restaurant, coffee shop, automotive, neighborhood services, office, medical, and more. City of Loveland Water District is more cost competitive than neighboring water districts with a stable and attractively priced raw water at $48,825 per acre-foot. Highly attractive Cash-In-Lieu building program allows for 100% Cash-In-Lieu raw water dedication at time of building permit. Multifamily water dedication of 0.16 acre-feet per dwelling unit plus common area raw water.