$175,000

Excellent development investment opportunity in the highly coveted Berthoud, Larimer County, Northern Colorado area! Close to shopping, work, and transportation. Lush, quiet, private, green, ½-acre infill site. This property is zoned R3 and use by right allows for construction of up to 10 units (20/Acre): single-family, duplexes, townhomes, multi-family allowed. 5-minute walk to Mountain Ave (main street) / downtown Berthoud. No HOA. No Deed Restrictions. Park your RV and toys on site. Room for large garages / shop. Existing wet and dry utilities available on N, E, W sides of lot. Low-Density and High-Density conceptual designs available. Extensive soils tests conducted recently—ground conditions are excellent for residential construction. The owner of these lots has held multiple productive discussions with the Planning, Public Works, and Fire Departments of the Town of Berthoud. They are all very familiar with these lots and have been very receptive to each of the development concepts--high density 20-plex design and several different medium-density townhome w/ ADU designs. ***See Supplementals for potential development ideas***Phase 1 Environmental Study complete: “This assessment has revealed no recognized environmental conditions in connection with the Site.” Recent Alta Survey and Topo survey performed.The parcel to the north (9423118005) is approximately 0.517 acres and is also for sale. The two parcels are adjacent to the Bimson Ave alignment, west of 1st Street. Buyer to verify all data.