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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
5,236
48% Increase In New Listings
Average Asking Price
$752,932
$10,088 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$309
$5 Decrease In List Price/Sq. Ft.
Average Days On Market
19
24 Day Decrease In Days On Market
Data as of Mar 24, 2026. Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.

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