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$2,800,000

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Waypoint Real Estate is proud to present Franklin Place, a shovel-ready commercial retail development in the heart of Severance, Colorado. Spanning three contiguous lots totaling 10.77 acres, the site is entitlement-approved for retail use and strategically positioned within the town core. Severance is one of Northern Colorado's fastest-growing communities, with over 4,300 rooftops and 11,500 residents, yet retail amenities remain extremely limited. With growth outpacing available services, the market presents a rare opportunity to capture demand and strengthen retail presence.With approvals in place, a prime location, and virtually no competition, Franklin Place offers strong fundamentals for long-term growth. Offered at $2,800,000, the property represents a compelling investment in a high-demand, supply-constrained market.
Offered By
David Katz, Waypoint Real Estate

Property Details

Property Type Commercial Sale
Status Active
MLS # 1054090

Market Trends

New Properties On Market
8,084
30% Increase In New Listings
Average Asking Price
$738,311
$14,666 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$293
$55 Increase In List Price/Sq. Ft.
Average Days On Market
7
21 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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