Providing Comprehensive Real Estate Services to Home Buyers and Sellers
Courtesy of: Derek McCoy | McCoy & Company
Purchase Type: Sale
MLS ID: 777447
Property Type: LAND
New Construction: No
Swimming Pool: No
Address: 43189 E US Highway 160
County: La Plata
Neighborhood: Bayfield Rural, Other
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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