Address
43189 E US Highway 160 Bayfield, CO
Price
$ 4,800,000
Property Attributes
  • MLS#777447
  • TypeLand
  • CountyLA PLATA
  • CityBayfield
  • AreaBayfield Rural
  • Zip81122
  • StyleCommercial
  • Taxes$ 9869
  • Price$ 4,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size153.23 Acres
Listing Provided Courtesy Of:
McCoy & Company
Data Source:
Colorado Real Estate Network
Property Description

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).

Elementary School Middle School High School
Bayfield K-5 Elementary School Bayfield 6-8 Middle School Bayfield 9-12 High School
Price History
1/5/2021 Listed $4,800,000

General Features

Class LAND
Hoa Y/n No
Property Description Boundaries Surveyed, Wooded Lot
Status Active
Status Active
Subdivision Other
Topography Level, Rolling, Sloped
Type Commercial
Utilities Electricity, Internet, Natural Gas Near, Phone, Propane-tank leased
View Mountains, Valley
Water Tap Avail Yes
Zoning Other

Exterior Features

Apx. Irrigation Acres 43
Domestic Sewer Sewer Tap Available
Domestic Water Domestic Well, Tap Available
Lot Size Area 153.23
Water Rights/irrig. Yes
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 81122

Price
AVG $360K
$4.8M
Taxes
AVG $1,700
$9,869
Visits
AVG 56
98

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.