8062 County Road 48 1/2, Johnstown, CO


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About 8062 County Road 48 1/2

The Held Farm is approximately 123 acres of development land located at the northeast corner of Downtown Johnstown. The property is annexed into Johnstown designated as "Holding Agriculture" until ready for development. The property is in the Downtown Development Area and slated for mixed-use/high density residential development. Town officials have indicated that they would like to see some commercial development to connect to the existing downtown area and residential that would be developed on this property. The property is walking distance from current Downtown and just down the road from new community recreation center. Along with the land, the property includes 150 acre feet of potable water credit. Town would be supportive of non-potable irrigation system served by Hillsborough water. The 150 AF of water credit could serve 300 single family units without a non-potable system and an estimated 450 units with one. Current water market in Johnstown is near $75,000/AF giving this water a retail value of over $11 Million for potable credits.

Features of 8062 County Road 48 1/2

MLS® # 994456
Price $11,500,000
Bathrooms 0.00
Acres 123.00
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 8062 County Road 48 1/2
Area Johnstown
Subdivision N/A
City Johnstown
County Weld
State CO
Zip Code 80534


Utilities Natural Gas Available, Electricity Available
Is Waterfront No
Has Pool No


Fireplace No


Lot Description Railroad Adjacent, Water Rights Included, Mineral Rights Included

School Information

District Weld RE-5J

Additional Information

Days on Market 1
Zoning Holding Ag
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFront Range Land&Water Consltg
Contact Info9708335911

Listing Map

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