Commercial Sale · Under Contract

8650 Spruce Mountain Road

Larkspur, CO 80118

$950,000

Unimproved Land

Property Type

5.68 acres

Lot Size

6492620

MLS #

About This Property

**Location, Location, Location!** This 5.68-acre site is zoned as "Planned Development," allowing for MIXED-USE development. Both residential and numerous commercial uses are permitted. The property can be developed into business office buildings, retail stores, restaurants, or even multi-family housing! The possibilities are nearly limitless!

All essential utilities, including public water and sewer, natural gas, electricity, and high-speed Comcast/Xfinity cable, are available. TAP FEES for public water and sewer are dramatically reduced, and a SALES TAX Share-back Agreement is in place to offset infrastructure costs, allowing you to receive a portion of any sales taxes generated from businesses developed on the site. Located just half a mile off I-25 at the Larkspur Exit (Exit #173), this site boasts 614 feet of frontage along Spruce Mountain Road—the main street in the Town of Larkspur. It is centrally located between Denver and Colorado Springs, making for an easy 30-minute commute to both major economic centers, AND it's only a 10-minute drive to Castle Rock.

A brand-new Costco is scheduled to be built just 4 miles to the north on I-25. The property borders Larkspur Town Hall and Larkspur Town Park, which features playgrounds, pavilions, a baseball field, a basketball court, hiking and biking trails, restrooms, and ample parking. Enjoy the festive Christmas lights in the winter, a farmers market, and "Music in the Park" concerts during the summer. You’ll also find restaurants, shops, and other businesses within walking distance, all while enjoying beautiful views of the nearby towering buttes and mesas.

559 days on market

Listed by Dave Gardner · Results Realty of Colorado · davesresultsteam@yahoo.com,303-681-1000

Last updated: 4/11/2026 2:25 PM · Source: REcolorado®, MLS#: 6492620

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Property Details

Key Details

Property Type Commercial Sale
Sub Type Unimproved Land
Status Active Under Contract
MLS # 6492620
Days on Market 559

More Details

Lot Size (Sq Ft) 247,421
Acres 5.68
Annual Taxes $21,197
State CO
County Douglas
Zoning PD - Planned Development

Building & Lot

Lot Features Level, Open Lot, Borders Public Land
Sewer Public Sewer
Water Source Public

Location

Price History

DateEventPrice
4/11/2026 Active Under Contract
Source: REcolorado® #6287094
—
4/11/2026 Active Under Contract
Source: REcolorado® #6492620
—
4/25/2025 Listed for sale
Source: REcolorado® #6492620
$950,000
4/24/2025 Listed for sale
Source: REcolorado® #6287094
$950,000

Based on information submitted to the MLS GRID as of November 5, 2026 at 7:13 AM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing information last updated April 11, 2026 at 2:25 PM.

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