2825 Lake Avenue
Pueblo, CO 81004
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Fabulous upside in this .58-acre lot with mountain views in the up & coming southwest corridor! City planners will allow rezoning to R4 or R5 - see Document tab for details. Commercial or B4 zoning is another alternative, although the highest & best use at this time is Multifamily. 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, nicely updated & maintained units currently producing a gross revenue of $6,000 monthly. The original parcel was 1.16 acres, split into 23 narrow lots (running north/south), and originally 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, rezoning is only a few hundred dollars and shouldn’t take more than 90 days. They also stressed that the city is focusing on making development much easier in Pueblo moving forward due to the residential housing shortage. Ideal location with 2-mintue access to I25; super close to Pueblo Blvd development 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. Feel free to contact Cassie - agent/owner with any questions at 303.726.6533.
Last checked:
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Last updated Jan 27, 2025
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MLS# 3573896 —
This property is listed in more than one place. See it here.
Location
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Directions:GPS 2825 Lake Avenue, then turn south onto Maryland. Property is at the NE corner of Maryland & Berkeley.
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Latitude:38.22174832
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Longitude:-104.62697437
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:1514416120
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Current Use:Agricultural
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Possible Use:Commercial, Multi-Family, Residential
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Zoning:A-4
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Lot Number:1514416120
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Lot Features:Corner Lot
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Lot Size Area:0.58
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Lot Size Acres:0.58
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Lot Size SqFt:25264.8
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Lot Size Units:Acres
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Exclusions:None
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View:Meadow, Mountain(s)
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Fencing:Fenced Pasture
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Road Responsibility:Public Maintained Road
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Road Frontage Type:Public
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (303) 726-6533
- Office phone:
- (303) 558-3100
Taxes
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Tax Year:2023
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Tax Legal Description:Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 and 11, Block 16, in Sunnyside, According to the recorded plat thereof, County of Pueblo, State of Colorado. Parcel 1514416120 (see Documents Tab)
Utilities
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Utilities:Cable Available, Electricity Available, Natural Gas Available, Phone Available
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Electric:110V
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Well Type:Not Drilled
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Water Included:No
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Water Source:Public
Schools
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Elementary School District:Pueblo City 60
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Middle Or Junior School District:Pueblo City 60
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High School District:Pueblo City 60
The Community
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Subdivision Name:135 South Lake Ave Area
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Association:false
Parking
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).