2865 Baseline Rd Boulder, CO 80303
Southeast Boulder NeighborhoodEstimated payment $33,595/month
Highlights
- 0.95 Acre Lot
- Corner Lot
- Forced Air Heating and Cooling System
- Douglass Elementary School Rated A-
- No HOA
About This Lot
A unique opportunity for sale on one of the most visited intersections in the City of Boulder - directly across the street from the University of Colorado. The property is at the Northeast corner of Baseline Road and 28th Street, the primary route into Boulder. Initial concept design supports 27 units (5 bedrooms each), which translates to $40k/bedroom. High visibility and traffic counts, easy access, large parking area, excellent views of the Flatirons, and directly adjacent to a pedestrian/bike path with direct access to the University. The nearly one-acre parcel is primed for a student housing redevelopment, for which a yield study and proposed concept plan has been modeled to support a 27 unit, 135 bedroom, 3 story development. The existing building is leased through 12/1/26, providing the buyer with an income stream while they go through the entitlement process. Basemar Shopping Center, Starbucks, Sprouts Market, hotels, restaurants, university housing, and retail businesses are nearby.
Listing Agent
The Colorado Group Brokerage Phone: 3034492131 License #40004149 Listed on: 03/27/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $54,158
Year Built
- Built in 1980
Lot Details
- 41,382 Sq Ft Lot
- Corner Lot
- Property is zoned BT-1
Home Design
- 6,391 Sq Ft Home
- Composition Roof
- Stucco
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Property Available on 12/1/26
- Assessor Parcel Number R0088816
Community Details
Overview
- No Home Owners Association
- Tr, 194 198 Commercial Subdivision
Building Details
- Gross Income $254,489
- Net Operating Income $191,730
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $5,400,000 | -- | $845 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,600,000 | Land Title Guarantee Company | |
| Warranty Deed | $912,000 | -- | |
| Special Warranty Deed | $407,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Commercial | |
| Previous Owner | $684,000 | Commercial |
Source: IRES MLS
MLS Number: IRE1055701
APN: 1463323-00-025
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Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.