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Property Detail

10 Panorama Dr, Divide, CO 80814, USA
2 Properties Offered
$1,050,000

Description

EXECUTIVE SUMMARY

Preliminary Plan - Hotel Resort & Conference Center, & 7 Cabin Sites
The Hotel Resort, Conference Center, and 7 Cabin Sites will sit on a 6.01 acres parcel that has not been built or platted, located on the southern easterly boundary of 367.82 PUD parcel. The 100 suite Hotel Conference Center maximum size allowed is 66,000 ft.². The 2002 drawings submittal to C-DOT, actual hotel suites occupied 41,000 ft.² leaving 25,000 ft.² for common area other facilities. There is a lot of flexibility to provide a unique Hotel Conference Center that would accommodate Chairs Bible College students, tourists, extended stay lodging residents, senior housing, etc... Possibly the 7 cottages site area on the PUD could be used for motorhome RV parking and hookups. Adjacent land available for an additional 32 Cottage and Cabin Options on 7.56 acres These smaller homes could very easily play off of the Hotel Resort Site Marketing and Income Proforma as rental housing for weekly, monthly, and annually with Hotel Resort shared common facilities, and amenities i.e. work out room, coffee bar area, etc. Rental Options; Charis Bible College students/convention/seminars goers, summer residents, vacation rentals, family reunions, and extended stay housing for seniors.
Meadow Park Communities in Divide, CO. Access: US Hwy 24 (4 lane), and Panorama Drive (to be constructed); Panorama Drive Access Permit approved in 2002, CDOT Permit No. 202006. Accel and decel lanes are installed on US Hwy. 24 with median island curb cut into Panorama Drive. Frontage: 500+/- foot of US Hwy 24 frontage. Visibility: US Highway 24 visibility is excellent. Traffic Count: 2016 AATD 19,000. This site is within a 540 acre PUD approved, multi-use community offering commercial, multi-family, residential, and an elementary school. Located on US Hwy 24 one of Colorado' s main arteries to the mountains.
 

PROPERTIES

PROPERTY NAME / ADDRESSPROPERTY TYPESIZEYEAR BUILTINDIVIDUAL PRICE
Unnamed Hotel
10 Panorama Dr, Divide, CO 80814
Hospitality66,000 SF--
10 Panorama Dr, Divide, CO 80814Land6.01 AC

 

Lisa Harrison

+1 719-331-9193

Specification

General

  • 66000
  • Investment

Hospitality

Land for Hotel Resort

# 520

SKU: 520

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