2825 Lake Avenue

Pueblo, CO 81004

$89,900
Price
25,264 / 0.58
Lot Size / Acres

Description

Fabulous upside in this .58-acre lot with mountain views in the up & coming SW area of Pueblo! City planners will allow rezoning to R4 or R5 - or 4 or 5 rental units (Document tab for details). Commercial or B4 zoning is another alternative, although the highest & best use at this time is Multifamily in the city's opinion. It is located in the Mixed Neighborhood Future Land use category which allows commercial rezonings or multifamily. The adjacent property on the Lake Ave side is the only "real"...Fabulous upside in this .58-acre lot with mountain views in the up & coming SW area of Pueblo! City planners will allow rezoning to R4 or R5 - or 4 or 5 rental units (Document tab for details). Commercial or B4 zoning is another alternative, although the highest & best use at this time is Multifamily in the city's opinion. It is located in the Mixed Neighborhood Future Land use category which allows commercial rezonings or multifamily. The adjacent property on the Lake Ave side is the only "real" neighbor and is the same sized lot containing 4 small units currently producing a gross revenue of more than $6,000 monthly. The original parcel was 1.16 acres, split into 23 narrow lots (running north/south – see Document tab), and formerly a horse ranch so the current zoning is A-4. The newly-divided parcel is 11 lots (legal description & parcel number in Documents tab) and the address(es) is TBD based on the development use. The seller’s original plan was to hold & develop in a few years, hoping to convince the city to allow 6-8 units given that it’s already split into 11 lots, and is congruent with housing in the area. Taxes will also be determined based on the development. According to recent correspondence with city planners (Documents tab has contact information to verify info), rezoning is only a few hundred dollars and shouldn’t take more than 90 days. They also stressed that the new City of Pueblo regime will be focusing on making development much easier in Pueblo moving forward. Ideal location with 2-mintue access to I25 and high-walkability with a bus stop steps away – yet, far enough from Lake Ave that it’s quieter and less congested. Located on the NE Corner of Berkeley & Maryland (GPS 2825 Lake Ave to get close). Great deal to take advantage of the rapidly increasing rental rates in the area!
  1. Listed by Cassie Sheets • LISTINGS.COM • csheets@listings.com,303-726-6533

Property Details for 2825 Lake Avenue

View
Meadow, Mountain(s)
Subdivision Name
135 South Lake Ave Area
Association
No
Multiple Associations
No

Location

Listing Courtesy of LISTINGS.COM, Cassie Sheets
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LISTING UPDATED: 02/01/2024 02:23 PM

Property Details for 2825 Lake Avenue

StatusActive
MLS #1543137
Days on Compass87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land/Lots
Year Built-
Lot Size0.58 AC
CountyPueblo County

Location

Listing Courtesy of LISTINGS.COM, Cassie Sheets
Add your commute

Building Information for 2825 Lake Avenue

Lot Size0.58 AC

Payment Calculator

$491 per month

30 year fixed, 7.25% Interest

Principal and Interest

$491

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2825 Lake Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 0
  • Above Grade Finished Area: 0
  • Master on Main: No
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 0
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
School Information
  • Elementary School District: Pueblo City 60
  • High School District: Pueblo City 60
Site & Location Information
  • Lot Size Acres: 1
  • Lot Size Square Feet: 25265
  • PSF Lot: $4
  • Lot Features: Corner Lot
  • Zoning: A-4
  • Zoning Jurisdiction: City
  • Fencing: Fenced Pasture
  • Distance To Bus: 1
  • Distance To Bus Units: Blocks
  • Property Exclusions: None
Building Information
New Home Community
  • Lot Number: 1514416120
Outbuildings
  • Out Building Count: 1
  • Number of Out Buildings: 2.0
  • Horse: No
Water & Utilities
Water & Utilities
  • Water Included: No
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Electric: 110V

Property History for 2825 Lake Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2825 Lake Avenue

Taxable ValueLand$1,520Additions-Total$1,520
Home Facts
Beds3Total Finished SqFt1,676 SqFtAbove Grade Finished SqFt1,676 SqFtStories1Lot Size50,823 SqFtStyleResidentialYear Built1945ZoningB-4CountyPUEBLOAPN1514416117Fireplace TypeHas Fireplace

Schools near 2825 Lake Avenue

This home is within Pueblo City 60 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 8
Rating
School
Distance
Minnequa Elementary School
PublicPK to 5

Roncalli Middle School
Public6 to 8

Central High School
Public9 to 12

Corwin International Magnet School
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2825 Lake Avenue is a 0.58 ac of land for sale in Pueblo, CO 81004. This property was listed for sale on February 1, 2024 by LISTINGS.COM, it's currently listed at $89,900. It has been on the market for a total of 87 days and was last sold on April 11, 2022. This listing's school district is Pueblo City 60 School District. Nearby schools include Minnequa Elementary School, Roncalli Middle School and Central High School. 2825 Lake Avenue is a 0-bed, 0-bath, 0.58 ac of land on a 25,264 sq. ft. / 0.58 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LISTINGS.COM, Cassie Sheets

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