Property Location: Northeast corner CrowfootValley Road & E. Richlawn Drive (7010 Crowfoot Valley Road), Parker
Property Description: Vacant land, 267 detached homes planned
Land Size: 90.87 acre
Sales Price: $7.25M, or $79,784 per acre, or $27,153 per buildable lot
Reception No.: 2018066166
Closing Date: 6/4
Grantor: Cherry Creek Project Water Authority
Grantee: Meritage Homes of Colorado, Richard Cross, 303-406-4342
Comments: See APN: 2349-041-00-022. First phase is Meadowlark Filing No. 1, which contains 18.79 acres. Plans are to build 46 single-family homes. The 90.87-acre site contains 18 acres of open space and 6.5 acres of park area. The property has not been fully entitled, but a preliminary plat has been ratified.
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.