Higby Road
Baptist Road
Downtown
Colorado
Springs
Pikes Peak
US Air Force Academy
HOME PLACE RANCH
Matt Call, ULI Principal
[email protected] 720.420.7530direct 720.420.7529cell 303.956.5781
Matt Call, ULI Principal
[email protected] 720.420.7530direct 720.420.7529cell 303.956.5781
www.navpointre.com www.navpointre.com
1 1/2 Miles East of Jackson Creek Parkway & Higby Road
HoME PlaCE RanCHAREA AMENITIES
located in the heart of the coveted lewis-Palmer School District
Great shopping and dining in nearby City of Monument
10 minutes to Shops at Briargate and the northern Colorado Springs amenities
88-acre 641,000 SF Monument Marketplace retail center on Jackson Creek Parkway - less than 2 miles away from Home Place Ranch
Retailers such as Kohl’s, Wal-Mart and Cold Stone Creamery have chosen the Monument Marketplace for recently opened locations
The U.S. air Force academy is located just six miles to the south and contributes greatly to the heritage of the area
Myriad Golf Courses and Recreation amenities within 15 minutes of the project
Higby Road
SITE
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427 acres of Platted Residential Development Landlocated in Monument, ColoradoThe information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person viewing this
information to independently verify it. This package is subject to change, prior sale, or complete withdrawal.
John WittBrokerage Services
[email protected] 720.420.7530direct 720.420.7527cell 303.748.8390
John WittBrokerage Services
[email protected] 720.420.7530direct 720.420.7527cell 303.748.8390
Approximately $5,000,000 in entitlement work completed to date
www.navpointre.com www.navpointre.com
lots Description Dimensions Dwelling UnitsA Production Residential 65x110 193C High Density Patio/Townhouse 40x90 69D High Density Patio/Townhouse 40x90 97E Estate Lots 100x150 90F Estate Lots 100x150 45G Production Residential 65x130 15H Production Residential 65x110 280I High Density Patio/Townhouse 50x100 56
TOTAL: 845
E
F
A
G
H
C
D
I
City: MonumentCounty: El PasoLot Size: 427 acresAsking Price: $13,995,000 ($32,775/acre, $15,032/lot)
427 acres with final plat approved for 845 residential units Excellent custom or production home development opportunity Gorgeous views of Pikes Peak and the southern Front Range Only 6 - 8 months to satisfy remaining conditions of final plat Well located development land in strong submarket (Northern El Paso County) Approximately $5 million invested in entitlement work to property to date Well sized project under 500 acres with good preliminary plat density Plat approved by Town of Monument with minor requirement for final plat approval Governmental approvals in place for development Strong local market demographics and population Easy access from major thoroughfares (I-25/Baptist Road/Hwy 105) Entertainment and shopping amenities close to site Commercial and residential development currently occurring near site
Home Place Ranch Entitlement Status
The following items have been completed to date: Phase I Engineering Complete - includes Gleaneagle Drive, Improvements on Higby Road, All Work in
Channel, Lots/Streets in A, Lots/Streets in H, School Site, and all Utility Engineering (Electric, Main Water, Main Sewer).
All landscaping designs including open space are approved Channel design, mouse habitat, walking paths, and ponds Additional Water Tank Study and Design Traffic light on Baptist Road is in and paid for Forestry plan is complete
The following conditions must be satisfied in order to start Site Work: Tri-View Metro District Water - New Water tank has environmental study and design completed. May be
able to negotiate using a standpipe or booster pump in lieu of the water tank. Lewis-Palmer School District - Need letter of acceptance for location of elementary school on the site.
The district’s consultant approved the location contingent on the final grading plan. Colorado Fish and Wildlife Department - Need to approve channel enhancements. Has been through 90
day waiting period with no negative comments Tri-City Electric - Need to approve location of road which passes under Main Transmission lines.