8650 Spruce Mountain Road Larkspur, CO $ 950,000
8650 Spruce Mountain Road
$ 950,000
New Construction
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8650 Spruce Mountain Road

Larkspur, CO, 80118
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,927

Listed by Results Realty of Colorado
8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 1
8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 2
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8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 5
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8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 7
8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 8
8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 9
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8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 11
8650 Spruce Mountain Road, Larkspur, CO 80118 - Image 12
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Commercial Property for sale in Larkspur, CO

for $950,000. The lot size is 5.68.

**Location, Location, Location!** This 5.68-acre site is zoned as "Planned Development," allowing for MIXED-USE development. Both residential and numerous commercial uses are permitted. The property can be developed into business office buildings, retail stores, restaurants, or even multi-family housing! The possibilities are nearly limitless! All essential utilities, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable, are available. TAP FEES for public water and sewer are dramatically reduced, and a SALES TAX Share-back Agreement is in place to offset infrastructure costs, allowing you to receive a portion of any sales taxes generated from businesses developed on the site. Located just half a mile off I-25 at the Larkspur Exit (Exit #173), this site boasts 614 feet of frontage along Spruce Mountain Road—the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, making for an easy 30-minute commute to both major economic centers, AND it's only a 10-minute drive to Castle Rock. A brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Enjoy the festive Christmas lights in the winter, a farmers market, and "Music in the Park" concerts during the summer. You’ll also find restaurants, shops, and other businesses within walking distance, all while enjoying beautiful views of the nearby towering buttes and mesas.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 21,197

Style

Lot Size

5.68

Town/City

Larkspur

County/Region

Douglas

MLS | Web ID

6492620

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Available Electricity To Lot Line Natural Gas Available Phone Available
Possession Closing/DOD
Zoning PD - Planned Development
Garage Spaces 0
Exclusions None -Vacant Land
Property Subtype Commercial Land
Tax Year 2024
Current Use Commercial
County Douglas
Property Type Commercial Sale
Attached Garage N
Status Active
Directions From I-25 at the Larkspur Exit (#173) take Spruce Mountain Road south approx. 1/2-mile into the Town of Larkspur. The Property is located on the EAST Side of Spruce Mountain Road adjacent to the La
City Larkspur
Lot Size Units Acres
Lot Size Square Feet 247420.8
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 21197
Virtual Tour https://listings.upshotimaging.com/sites/8650-spruce-mountain-rd-larkspur-co-80118-8759751/branded
Standard Status Active
Occupancy Type Vacant
Cap Rate 0
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Exterior
Lot Features Borders Public Land Level Open Space
Water Source Public
Total Parking 0
Lot Size Area 5.68
Lot Size Acres 5.68
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 8650
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* Excluded Features
List By
Results Realty Of Colorado

Broker

(303) 681-1000

Phone

Affordability Calculator

$7,693
Per Month
77%
23%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$1,766
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2025$950,000 Listed Price

Map


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8650 Spruce Mountain Road, Larkspur, CO, 80118 is a Commercial Property for sale at $950,000 with a lot size of 5.68. The property's zip code is 80118 which is in Larkspur, CO