Trevey Commercial is proud to announce the sale of 118 acres located at 1574 State Highway 86 in Elizabeth, Colorado for $2,069,000 on July 27, 2022. The Buyer, MF Investment Partners, LLC and Seller, New Point Properties, LLC, were both represented by Mitch Trevey of Trevey Commercial Real Estate.
MF Investment Partners is pursuing plans to develop the property along with the adjacent 304-acre parcel into a new master planned community to be known as “Elizabeth West” in the town of Elizabeth. This new community is envisioned to include a mix of single-family and multi-family homes, parks, school, open space and commercial parcels for future retail development. Subject to final approvals by the Town of Elizabeth, development of Elizabeth West is anticipated for mid to late 2023.
Trevey Commercial provides exceptional Brokerage Representation, Commercial Real Estate Sales and Leasing, Land Development, and Consultation services for clients in Southeast Metro Region and across the greater Front Range. To contact our office in Parker, call 303-841-1400 or email info@trevey.com
