Longtime developer lands 73.6 acres in Broomfield

Broomfield County

Property Location: W/S Interstate 25, approximately 1 mile north of Highway 7

Property Description: Vacant land

Land Size: 73.6 acres

Sales Price: $2.1M, or $28,533 per acre

Reception No.: 2016006912

Closing Date: 6/16

Grantor: Imperial Farms LLC, Sandra D. Spano, mgr.

Grantee: UF TM I LLC, Urban Frontier, Garrett Baum, 303-226-1266, & Bill Branyan, 303-226-1260

Financing: Cash

Comments: Property lies on the west side of South 104th Street, approximately ½ mile south of W-470. Buyer is a developer who has bought and completed horizontal development of land at the northwest corner of Highway 7 & Interstate 25 known as the 156-acre Palisade Park as well as other development projects such as Green Gables in Jefferson County, Children’s Hospital site in Broomfield and Windler Homestead, a 750-acre development located at E-470 between East 56th Avenue & East 68th Avenue.

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.