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43189 E US Highway 160Bayfield, CO 81122Price: $4,800,000

  • Price: $4,800,000
  • Est. Mortgage of $/month
  • 61 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.02% last updated on Mar 4, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,800,000List Price
  • 153Acreage
Listed by Derek McCoy of McCoy & Company

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ATTENTION DEVELOPERS, BUILDERS, INVESTORS AND BUSINESSES - Bayfield East is a 153.231 acre property comprised of four separate but contiguous tracts of land. The Property exists on the eastern periphery of the Town of Bayfield and is currently eligible for annexation. Approximately, 1,469 lineal feet of frontage along US Highway 160 East presents visibility and commercial development potential. Prospective uses include hotel, grocery, retail, restaurant, town center, mixed use, flex, office and light industrial. Northern portions of the Property, located away from US Highway 160 East, afford high density residential, single family residential and multi-family residential. Approval has been granted by CDOT to “break the A-Line” and pursue an access permit for a signalized, full movement intersection of North Bayfield Parkway and US Highway 160 East. East and West connectivity and access is also available in multiple streets within the Town of Bayfield - East Colorado Drive, East Oak Drive, East Mesquite Drive. North Bayfield Parkway, as proposed, affords access from the intersection with US Highway 160 East to East Oak Drive . The proposed extension of MacDonald Drive allows connectivity in a North/South pattern from North Bayfield Parkway to Dove Ranch Road. CDOT traffic counts indicate that in 2018 6,600 vehicles per day (VPD) passed the Property on US Highway 160 East. This number is projected to grow to 8,956 in by 2039. A nominal amount of irrigation water may be conveyed with the Property and will most likely be transferred to the Town of Bayfield in any annexation/development effort. Existing infrastructure such as a 12” water main, electricity and telephone are either crossing or abutting the Property. 8” sewer lines, natural gas lines and fiber optics are located in the CDOT right-of-way and various other connecting Town of Bayfield Streets, as well as the proposed intersection of North Bayfield Parkway and US Highway 160 East. The Town of Bayfield completed an expansion to its waste water treatment facility in 2010. In 2016 the Town completed an expansion to its domestic water treatment facility. Adjoining uses include R-10 Residential, School, Business, vacant land and US Highway 160 East. The Bayfield School District has agreed to participate in the Intersection/Bayfield East Improvements and is actively involved in the North Bayfield Parkway extension to ensure improved access to the new Elementary School and the Middle School. Current Owners have considerable survey data, topographical data and entitlement information available to qualified interested parties. Bayfield East is available for sale, in part or whole, and the Owners may consider a joint venture or participation scenario with a qualified developer(s).

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated March 7, 2021

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