Diocese of Colorado Springs snags Parker site for $5.5 million

Douglas County

Property Location: NWC Motsenbocker Rd & Hess Road, fronts southeast side of Triple Crown Drive

Property Description: Vacant land

Land Size: 13.554 acres (gross), 11.739 acres (net)

Sales Price: $5.52 million, or $9.36 psf (gross) or $10.80 psf (net)

Reception No.: 2017069587

Closing Date: 10/11

Grantor: Westchase Properties LLC, Marcus Palkowitsh, mgr.

Grantee: Diocese of Colorado Springs, Bob Doerfler, finance, 719-636-2345

Financing: Cash

Comments: Lot 1, Block 2, Tract C, Horseshoe Ridge Sub. 1^st amendment 2008006774 (Tract C contains 70,381 sf for drainage, open space and utilities, plus Lot 1 = 13.554 acres.)

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.