Listed By:
Results Realty of Colorado;
Address
8650 Spruce Mountain Road, Larkspur, CO
Price
$ 950,000
Property Attributes
  • MLS#6492620
  • TypeCommercial
  • Listing Status Pending
  • CountyDOUGLAS
  • CityLarkspur
  • Zip80118
  • Style
  • Taxes$ 21197
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.68 Acres
Data Source:
REColorado (MTOMLS)
Property Description

**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.

Price History
4/25/2025 Listed $950,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Available,Electricity To Lot Line,Natural Gas Available,Phone Available
Possession Closing/DOD
Zoning PD - Planned Development
Exclusions None -Vacant Land
Property Subtype Commercial Land
Tax Year 2024
Current Use Commercial
County Douglas
Property Type Commercial Sale
Attached Garage No
Contingency None Known
Status Pending
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 La
City Larkspur
Lot Size Units Acres
Lot Size Square Feet 247420.8
Listing Terms Cash,Conventional
Tax Annual Amount 21197
Virtual Tour https://listings.upshotimaging.com/sites/8650-spruce-mountain-rd-larkspur-co-80118-8759751/branded
Standard Status Active Under Contract

Exterior Features

Lot Features Borders Public Land,Level,Open Space
Water Source Public
Lot Size Area 5.68
Lot Size Acres 5.68
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80118