Tbd Castle Valley Blvd, New Castle, CO 81647
Listing Presented By
Coldwell Banker Mason Morse
Commercial Land - New Castle, CO
Great development potential with this mixed use parcel located on a major traffic thoroughfare. With easy access and high visibility, one option is to build thirty-two residential/shop units. This becomes even more lucrative when considering The Town of New Castle is working on approving a fifty unit senior housing project on the adjacent parcel. As an added bonus, a small portion of the parcel is up for consideration as a cell tower location bringing in a monthly income or substantial buyout. The three counties that New Castle serves as a bedroom community for have an estimated projected population increase of 38% in the next fifteen years - get in on this money maker now!
Last Updated: May 19, 2016
Posted: February 20, 2016