Richmond American snaps up residential land for $1.85 million

Share this Article
Facebook Twitter LinkedIn Google Pinterest StumbleUpon Email

Adams County

Property Location: SWC E. Smoky Hill Pkwy. & Powhaton Road

Property Description: Vacant, “unentitled” land; plan for 99 single-family detached homes

Land Size: 33.14 acres

Sales Price: $1.85M, or $1.28 psf, or $18,687 per buildable lot

Closing Date: 3/1

Reception No.: D8020958

Grantor: Lutheran Church Extension Fund-Missouri Synod

Grantee: Richmond American Homes of Colorado Inc.

Comments: Legal is a metes-and-bounds land site. Site plan into the city of Aurora with 99 lots proposed in Serenity Ridge filing. The 33.14 acres includes 11.29 acres of private open space and 1 acre for detention pond, leaving 20.85 acres for 99 lots and streets.

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

In this article