Evergreen Development acquires retail site for $8 per square foot

Jefferson County

Property Location: NEC W. Belleview Ave. & S. Simms St., Lakewood

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Property Description: Land

Land Size: 3.721 acres, or 162,062 sf

Sales Price: $1.3M, or $8.02 psf

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Reception No.: 2018011155

Closing Date: 2/5

Grantor: Doris Bowen Frost LLLP, Edmund B. Frost, general partner, 8509 Western Hills Blvd., Suite 400A, Fort Worth, TX 76108

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Grantee: Evergreen-Belleview & Simms LLC, Tyler Carlson, EVP, 303-757-0401

Comments: See ODP 2017127661 and 2017093935. Property was successfully rezoned to PD-C Aug. 29 and now will allow convenience level commercial uses. Address includes 111493 & 11505 W. Belleview Ave. Property was listed by Brian Slaughter of SullivanHayes Brokerage, 303-370-7459. The site was unplatted and the buyer will replat the site into two separate sites, with the hard corner site to be used as a convenience store with gasoline pumps, and the interior site will be retail use.

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.