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7.58 Acres Lot
$ 2,250,000
Est. payment | /mo
7.58 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1015390
HOA Y/N No
Annual Tax Amount $14,492
Tax Year 2025
Lot Size 7.576 Acres
Acres 7.58
Property Sub-Type Unimproved Land
Source Vail Multi-List Service
Property Description
295 Rule Road is a 7.576-acre vacant multifamily site, north of the Eagle I-70 interchange in Eagle, Colorado. The parcel is zoned R3 (Residential Multi-Family), which allows up to 16 units per acre, or roughly 121 homes on the gross acreage, subject to Town of Eagle review and approval. The site is perched above the City Market facing south, with open sky and views of the Sawatch Range. It's a rare chance to deliver workforce, affordable or resident-oriented housing near Eagle's main Core Transit stops in one of the Eagle Valley's most convenient locations. Transit orientated workforce housing is a top priority in the Town of Eagle's comprehensive plan, and the town code provides the town flexibility in approving such projects. Projects that are at least 60% affordable and resident-occupied qualify for density, height and dimensional incentives. Private road access comes from Rule Ranch Road. A perpetual 1.5-acre parking and construction easement on the adjoining parcel provides room for staging during development. Engineered connection points for sewer, water, gas and electric are already in place in the commercial area below the site. For a developer focused on workforce or resident-occupied housing, the property brings together elements that are rarely found on one site. Its zoning supports meaningful density, the town's incentives fit the intended product, and the setting is walkable and served by transit. With access, staging and utilities already resolved, a buyer can move directly into project design and the town's approval process.
Location
State CO
County Eagle
Community Other
Area Eagle
Zoning R-3 (Residential Multi-Family)
Interior
Heating Other
Exterior
Parking Features Other
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Foundation Other
Lot Size Range 7.58
Others
Tax ID 1939-321-11-003
Listed by Fortius Commercial Advisors