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 . 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. Great deal to take advantage of the rapidly increasing rental rates in the area!
  1. Listed by Cassie Sheets • LISTINGS.COM

Amenities

  • Mountain Views

Location

Listing Courtesy of LISTINGS.COM, Cassie Sheets
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LISTING UPDATED: 02/02/2024 10:54 AM

Property Details for Lake Avenue

StatusActive
MLS #6861030
Days on Compass87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.58 AC
CountyPueblo County

Location

Listing Courtesy of LISTINGS.COM, Cassie Sheets
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Building Information for 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 Lake Avenue

Summary
Location and General Information
  • School District: Pueblo-60
Taxes and HOA Information
  • Tax Year: 2023
Property
Lot Information
  • Lot Desc: Meadow, Mountain View
  • Lot Location: Near Hospital, Near Park, Near Public Transit
  • Topography: Meadow
  • Vegetation: Grass
Utilities
  • Water: See Prop Desc Rem
Interior and Exterior Features
Interior Features
  • Features Extra: Fence-Perimeter, Horses Allowed

Schools near 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.

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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. This listing's school district is Pueblo City 60 School District. Nearby schools include Minnequa Elementary School, Roncalli Middle School and Central High School. 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

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.