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TBD N Wildhorse Drive, New Castle, CO 81647 (MLS# 171381)


$1,790,000
TBD N Wildhorse Drive
New Castle, CO 81647
MLS# 171381
Status: Closed



TBD N Wildhorse Drive, New Castle, CO 81647
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Property Description
Outstanding development opportunity @ the round-about adjacent to schools & park parcels in the heart of Castle Valley Ranch. Approved for 89,770 sq. ft. of commercial development, its completion will fulfill the promise of creating a primary community core to serve residents & visitors alike. This parcel is perfectly situated for the creation of a compact, pedestrian oriented mixed-use environment. The incorporation of a public transportation hub into the design (such as RFTA) would complement the vision. www.Consensus.gov states that the New Castle median household income is significantly higher than Rifle's or Glenwood Springs', yet New Castle residents spend their money in neighboring towns. Immediate demand exists for restaurants, retail shops and medical/dental/vision offices

Details
Documents
Location Info
Current Price: $1,270,000
Type: Commercial Land
Major Area: New Castle
Area: 10-New Castle Proper
Original List Price: 1790000
Asking Price: 1790000
Street #: TBD
Street Direction Pfx: N
Street Name: Wildhorse
Street Suffix: Drive
City/Town: New Castle
State/Province: CO
Postal Code: 81647
Keywords Info
Lot Size: Refer to Acreage
Acreage: 10.1 - 20
Listing Info
Listing Date: 2021-07-30
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Glenwood Association
General Info
List Price Per/Acre: 173449
Sold Price Per/Acre: 123062
Sub/Loc: Castle Valley Ranch
Legal: M&B in SE1/4, Sec. 30, T5S, R90W of 6th PM containing apx. 10.317 acres
Lot SqFt: 449409
Nbr of Acres: 10.32
County: Garfield
Zoning: PUD - Mixed Use MU-1
Sold Price Per/SF: 2.83
PUD: Yes
Orig List Price Per/SF: 3.98
Asking Price Per/SF: 3.98
Parcel #: 212330400002
Directions: I-70 to New Castle, Turn North, proceed up Castle Valley Blvd. Turn right on N. Wildhorse. The mixed use property is on the left below Vix Ranch Park. Alternative directions - Follow Castle Valley Blvd. to the roundabout at Pyramid Drive. The mixed use parcel is on the right (uphill and north of the roundabout)
Financing Info
Metro Tax District: No
Taxes: 2441.36
Tax Year: 2020
Transfer Tax: No
HOA Dues Y/N: No
Status Change Info
Status: Closed
Under Contract Date: 2021-08-25
Proposed Close Date: 2021-09-22
Sold Date: 2021-09-22
Sold Price: $1,270,000
How Sold: Cash
Property Features
Allowable Uses: Business w/o RE; Business w/RE; Income; Mixed Use; Multi-Family Res; Office; Restaurant/Bar; Retail
Access: Paved
Electric: Electric at Property; Electric w/in 100 ft
Gas: Nat Gas at Property; Nat Gas w/in 100 Ft
Water Rights: Available
Sanitation: Sewer
Crops: No
Extras: Underground Utility
Documents on File: CC & Rs; Easements; Soils Test; Subdivision Plans; Survey
Possible Use: Club House; Conference Facility; Front Desk; On-Site Management; Pets Allowed/Owner; Pets Allowed/Renter; Shuttle Service; Subdivision
Lot Description: Flat; Rolling; View
Lot Improvements: Street Paved
Terms Offered: Cash
HOA Fee Includes: Grounds Maintenance; Management
Disclosures: Easements
Sign: Yes
Showing Instructions: Short Notice; Vacant
Possession: DOD
Supplements
35 EQR included as set aside in the water rights agreement as recorded at Reception No. 721292 in Garfield County Records.

Listing Office: Coldwell Banker Mason Morse-Carbondale

Last Updated: September - 22 - 2021

TBD N Wildhorse Drive, New Castle, CO 81647 - MLS# 171381
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

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