5th Avenue, Hugo, CO 80821
Hugo · Lincoln County
Key Facts
Description
Opportunity awaits with this unique offering of 12 contiguous lots totaling approximately 45,500 square feet (just over one acre), ideally located on the east side of Hugo along the route to the Lincoln County Fairgrounds. Situated within city limits, this property offers both visibility and convenience. The site is zoned CH-1, providing flexibility for a variety of commercial or mixed-use possibilities (buyer to verify allowable uses with the City of Hugo). Water and electricity are already in place, helping streamline future development plans. With easy access, a desirable in-town location, and utility availability, this property presents a strong opportunity for investors or developers looking to establish a presence in a growing area of Hugo.
Property Information
Property Type
Land
Lot Size
1.04 acres
Ownership
Individual
Zoning
CH-1
Days on Market
137
MLS® Listing#
6705699
Property Features
Sewer
Financial Details
HOA
None
Annual Taxes
$265
Tax year 2024
Parcel Number
279732117005
Affordability Calculator
$12,000
Estimated monthly payment
$319/mo
Principal $48,000 · Est. interest $66,964 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hugo, CO
- $220,000
- Median Listing Price
- 38
- Median Days on Market
- 1,485
- Median Sq Ft
- $143
- Median Price / Sq Ft
- 13
- Active Listings
- This home’s price is 73% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hugo, CO.
Moving Cost Estimate
Listing Courtesy: Gordon Real Estate Group - janae@gordonregroup.com,719-349-0423
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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