9.4 Acres Commercial Land Interstate 70 at Strasburg, CO
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- Ethelbert Bates
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1 9.4 Acres Commercial Land Interstate 70 at Strasburg, CO $895,000 This parcel is well-situated at the Strasburg exit with frontage road access and excellent visibility from I-70. It is suited for a variety of commercial uses. Strasburg is currently growing and is in the path of future development. Because of the expansion of Denver to the east as a result of the explosive growth south and east of DIA, this interchange is directly in the path of growth being generated by this expansion. With more than 19,000 vehicles per day on I-70, this is a prime location for a hotel, grocery store, convenience store, fast food, retail, and/or flex or light industrial space. Mixed zoning allows for a wide variety of uses. Zoning: AMU - B1,B2, B3 Topography: flat, gently sloping Parcel Size: 9.4 acres (409,464 square feet) County: Utilities: Available water, power, gas, sewer accessible Traffic: 19,000+ VPD Offered by: Steve Marshall, MBA steve@marshallreco.com Craig Rathbun, CCIM craig@fleisherre.com
2 Proximity to: Denver International Airport Front Range Airport E-470 I-225 I-25 Buckley AFB Downtown Denver Denver Tech Center Distance 28 miles 16 miles 20 miles 26 miles 35 miles 29 miles 39 miles 41 miles Time 30 minutes 18 minutes 20 minutes 26 minutes 35 minutes 33 minutes 41 minutes 41 minutes
3 DEMOGRAPHIC PROFILE Projected Population Growth County is projected to grow over the next five years, while County (just North of the property) is projected to grow at 11% over the same period. In both counties, age 65+ is forecasted to be the fastest growing segment COUNTY YEAR AGE 2017 Age Age Age 0-17 COUNT SubTotal % Growth 154, , , , , % 442, % 106, , % 170, % 473, % 129, , % COUNTY COUNT SubTotal % Growth 140, ,501 54, , , % 349, % 69, , % 160, % 381, , , % with greater than 20% growth. YEAR AGE 2017 Age Age Age 0-17 * Source: Colorado State Demographer [ 11% 11%
4 AREA PROJECTS I-70 East The I-70 East Project extends almost 12 miles along I-70 between I-25 and Tower Road through the neighborhoods of Globeville, Elyria and Swansea, Northeast Park Hill, Stapleton, Montbello, Gateway, and a portion of Aurora. Existing and forecasted traffic volumes were the main factor in determining the project limits for the I-70 East Project. Forecasted traffic volumes for the year 2035 range from 95,000 vehicles per day (vpd) to 270,000 vpd between I-25 and Peña Boulevard the 2035 MVRTP (Metro Vision Regional Transportation Plan) predicts the Denver metropolitan area will continue to experience large growth through 2035, including a 59percent increase in population and a 64-percent increase in employment as compared to 2005 numbers. Gaylord Rockies is a resort hotel and convention center, opening in It will be located in nearby Aurora on Highway 470 just South of Pena Boulevard (DIA). This project will bring greater activity and development to the East side of the Denver Metro area. Gaylord Rockies Quick Facts 10 minutes from Denver International Airport (DIA) 1,501 guest rooms, including 114 suites Over 485,000 sq. ft. of flexible meeting, convention, outdoor, exhibit & pre-function space 175,000 sq. ft. Exhibit Hall with 20,000 sq. ft. Outdoor Patio Four Ballrooms from 8,000 to 59,736 Up to 81 Breakout Rooms Five Outdoor Event Spaces 8 Dining Outlets World-Class Spa Salon & Fitness Center Indoor / Outdoor Pool, Lazy River & Lap Pool Retail Shops
5 Front Range Airport Front Range Airport is in the process of acquiring Spaceport status with the FAA. This would bring additional economic activity to the area as well as an influx of associated employees. Spaceport Colorado Vision Spaceport Colorado is a broad-based, state economic development initiative, and physical project to: Increase the value and revenue-generating potential of the existing general aviation airport facility. Engage the newly created sub-orbital commercial space market for scientific research, education and space tourism. Establish Colorado as the major national North American commercial space node, growing into an international system of spaceports. Sustain and accelerate Colorado's existing aerospace industry by attracting high-value aerospace technology clusters that support advanced manufacturing, technology, educational, and R&D aerospace industries. Front Range Airport will serve as an economic driver by establishing a key aerospace industrial center development in Colorado. Source: oct_2015.pdf
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