Hotel Pad Site and Prime Land Available 2625 Mary’S Lake Road

HOTEL PAD SITE AND PRIME LAND AVAILABLE 2625 MARY’S LAKE ROAD | ESTES PARK, CO

INVESTMENT CONTACTS

Jamie Mitchell, Principal Paul Nora, Associate Advisor

One Broadway Suite A300 | Denver, CO 80203 303.962.9555 | www.PinnacleREA.com DISCLAIMER

Confidential Offering Memorandum and Disclaimer

This confidential Offering Memorandum, has been prepared by oral communication transmitted or made available to Pinnacle Real Estate Advisors, LLC (“Pinnacle REA”) for use by a limited you. Pinnacle REA shall make available to you, as a number of qualified parties. This Offering Memorandum has been qualified prospective investor, additional information provided to you at your request based upon your assurances that you concerning the Property and an opportunity to inspect the Property are a knowledgeable and sophisticated investor in commercial real upon written request. estate projects and developments. Pinnacle REA recommends you, as a potential buyer/investor, should perform your own independent This Offering Memorandum and the contents are intended to remain examination and inspection of the property described herein as confidential except for such information which is in the public domain 2625 Mary’s Lake in Estes Park, CO (the “Property”) and of all of the or is otherwise available to the public. By accepting this Offering information provided herein related to the Property. By accepting Memorandum, you agree that you will hold and treat Offering this Offering Memorandum, you acknowledge and agree that you Memorandum in the strictest confidence, that you will not photocopy shall rely solely upon your own examination and investigation of or duplicate it, or distribute it. You agree you will not disclose this the Property and you shall not rely on any statements made in this Offering Memorandum or its contents to any other person or entity, Offering Memorandum or upon any other materials, statements or except to outside advisors retained by you and from whom you information provided by Pinnacle REA or its brokers. have obtained an agreement of confidentiality, without the prior written authorization of Pinnacle REA. You agree that you will use Pinnacle REA makes no guarantee, warranty or representation the information in this Offering Memorandum for the sole purpose of about the completeness or accuracy of the information set forth in evaluating your interest in the Property. If you determine you have this Offering Memorandum. You are responsible to independently no interest in the property, kindly return the Offering Memorandum verify its accuracy and completeness. Pinnacle REA has prepared to Pinnacle REA at your earliest convenience. the information concerning the Property based upon assumptions relating to the general economy, its knowledge of other similar properties in the market, and on other market assumptions INVESTMENT CONTACTS including factors beyond the control of the Pinnacle REA and the Owner of the Property. Pinnacle Real Estate Advisors make no representation or warranty as to either the accuracy or completeness of the information contained herein, and the information set forth in this Offering Memorandum in not intended to be a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be accurate, JAMIE MITCHELL Principal Pinnacle REA and the Property Owner disclaim any responsibility or 303.962.9571 | [email protected] liability for any inaccuracies. Further, Pinnacle REA and the Property Owner disclaim any and all liability for any express or implied PAUL NORA representations and warranties contained in, or for any omissions Associate Advisor from, the Offering Memorandum and for any other written or 303.962.9575 | [email protected]

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 2 Paul Nora 303-962-9575 [email protected] PROPERTY OVERVIEW

2625 Mary’s Lake Road List Price: $3,500,000 Estes Park, Colorado

This property boasts some of the best views in Estes Park Investment Highlights: overlooking Mary’s Lake right in the heart of the Rocky Mountains. It contains a hotel development site with fully • Hotel Pad Site with Incredible Mountain Views permitted plans for a Class A Mountain Hotel and Event Lodge. With a bounty of outdoor activities all around and • Plans Approved for 49 Key Hotel with Convention Center easy access to Rocky Mountain National Park, Downtown • 3 Parcels of Land For Sale, Including Approved Use of Estes Park and all the recreation the Rocky Mountains offer, this is the ideal site for a Mountain development. Outdoor Event Space

• Surrounded by Tons of Outdoor Recreation Property Details:

Lot Size 7 & 8: 5.3 Acres • Access to Rocky Mountain National Park Zoning: Approved for outdoor • Contact Broker for Details recreational activity Lot 27: 2 acres Zoning: Approved for outdoor recreational activity Hotel Development Site: 13,000 SF (Plus Access to Event Multipurpose Site) Construction Type: Plans for lodge included Current Property Taxes: $8,790.70

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 3 Paul Nora 303-962-9575 [email protected] PROPERTY OVERVIEW

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 4 Paul Nora 303-962-9575 [email protected] PROPERTY OVERVIEW

Use by right (HOA Land)

Outdoor Event/ Wedding Space

Hotel Development Site

Lot 7 & 8

Lot 27

5.3 Acres 13,000 SF

2 Acres

Scan or click HERE for drone tour of property

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 5 Paul Nora 303-962-9575 [email protected] LOCATION OVERVIEW

Stanley Hotel

Estes Park Lake Estes Aerial Tramway DOWNTOWN ESTES PARK

Prospect Mountain

Estes Park Golf Course

Estes Park Campground At Mary’s Lake

Mary’s Lake

2625 MARY’S LAKE RD

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 6 Paul Nora 303-962-9575 [email protected] LOCATION OVERVIEW

ESTES PARK

Situated about 90 miles northwest of Denver, at 7,522 feet above sea level, Estes Park sits in the heart of the Rocky Mountains. Majestic views span in every direction along with the majestic scenes you expect from a Colorado mountain town: gold-medal fishing rivers, iconic peaks, fertile valleys dotted with wildlife plus one unexpected treasure - a national park. Rocky Mountain National Park, home to 300 miles of hiking trails within 415 square miles of protected mountain wilds, borders Estes Park at its eastern entrance.

area map

*Open seasonally, mid-May to mid-October Trail Ridge Road Information Line: 970-586-1222

P.O. Box 4426 1200 Graves Avenue Estes Park, CO 80517 www.VisitEstesPark.com

Visit Estes Park has made every eff ort to ensure that all information is accurate and up-to-date. ©2017 by Visit Estes Park. All rights reserved. No part may be reproduced, stored in a retrieval system, or transmitted in any form or by any means without the prior consent of Visit Estes Park. Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 7 Paul Nora 303-962-9575 [email protected] LOCATION OVERVIEW

THE STANLEY HOTEL OUTDOOR ACTIVITIES

WILDLIFE

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 8 Paul Nora 303-962-9575 [email protected] LOCATION OVERVIEW

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C RAGS D 36 C R H R S D I IRCLE F MOCCASIN C Estes Park GRAVES AVE To Boulder, Denver, Public Schools I-25 & DIA BRODIE AVE Estes Park Aquatic Center Rocky Mountain National Park 7 Beaver Meadows Visitor Center RIVERSIDE DR HIGH DR

COMMUNITY DR 36 ESTES PARK M A R Big Thompson River 18-Hole Estes Park Golf Course Y Fish Creek ’S L A K E R 66 D GOLF COURSE RD RIVERSIDE DR To Estes Park Center - YMCA of the Rockies FISH CREEK RD

PEAK VIEW DR

LEGEND MARY’S LAKE RD

PEAK VIEW DR Public Restroom Recreation Trail P.O. Box 4426

SOUTH SAINT VRAIN AVE 1200 Graves Avenue SCOTT AVE Picnic Area Playground Scott Ponds Traffic Light Fishing Estes Park, CO 80517 Natural Area www.VisitEstesPark.com CARRIAGE DR Medical CenterCen Dog Park LAKESHORE DR M a ry ParkingParking Aquatic Center Visit Estes Park has made every ’s eff ort to ensure that all information L CENIC BYWAY a K S is accurate and up-to-date. ©2017 by ke A GolfGolf CourseCourse Rock Climbing E P F Visit Estes Park. All rights reserved. I 7 S O Fish Creek H No part may be reproduced, stored in ParkPark Marina/Boating T C R K a retrieval system, or transmitted in Jamie Mitchell 303-962-9571 [email protected] E Contact: A E JamieE Mitchell 303-962-9571 [email protected] SchoolSchool Post Office any form or by any means without the

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A To Rocky Mountain National Park/Wild Basin, D Amanda Dorotik R 720.638.5405 [email protected] Y ’S 9 Paul Nora 303-962-9575 [email protected] MAP IS NOT TO SCALE © Map by Eureka Cartography, Berkeley, CA To Rocky Mountain National Park LA Allenspark & Lyons KE Paul Nora RD303-962-9575 [email protected] LOCATION OVERVIEW

ESTES PARK, CO

ABOUT ECONOMY In 2018, Estes Park, CO had a population of 6.3k people with a median Median household income in Estes Park, CO is $50,833. In 2018, the place age of 59 and a median household income of $50,833. Between 2017 with the highest Median Household Income in Estes Park, CO was Census and 2018 the population of Estes Park, CO grew from 6,248 to 6,297, a Tract 28.01 with a value of $60,446, followed by Census Tract 28.02 and 0.784% increase and its median household income declined from $53,025 Census Tract 28.03, with respective values of $59,773 and $47,500. to $50,833, a -4.13% decrease. The economy of Estes Park, CO employs 2.81k people. The largest industries in Estes Park, CO are Accommodation & Food Services (458 people), Retail Trade (293 people), and Educational Services (248 people), and the highest paying industries are Finance & Insurance ($103,224), Finance & Insurance, & Real Estate & Rental & Leasing ($81,316), and Real Estate & Rental & Leasing ($80,592).

POPULATION MEDIAN AGE MEDIAN HH INCOME 6,297 59 $50,833 0.784% 1-YEAR GROWTH 4.13% 1-YEAR DECLINE

NUMBER OF EMPLOYEES MEDIAN PROPERTY VALUE 2,806 $380,800 0.743% 1-YEAR DECLINE 5.4% 1-YEAR GROWTH

Jamie Mitchell 303-962-9571 [email protected] Source: https://www.datausa.io/ Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 10 Paul Nora 303-962-9575 [email protected] LOCATION OVERVIEW

ROCKY MOUNTAIN NATIONAL PARK The fourth most visited national park in the country!

Just a little over 15 minutes from town rises Rocky Mountain National Park, over 386 miles of unforgettable mountain landscape, including 100 peaks that top 10,800 feet. Hike around lakes and gorges, through basins and waterfalls and up summits on a variety of trails. Drive Trail Ridge Road, the highest continuously paved road in the USA, which winds for 2 miles through the park’s rocky interior. Recreation is spectacular here every season, with fishing, cycling and horseback riding popular pastimes in the warmer months and snowshoeing, sledding and cross-country skiing all the rage in winter.

Downtown Estes Park

More than 200 retailers, restaurants and attractions line the downtown along Elkhorn and Moraine avenues, a smattering that rivals any mall-especially when it comes to the signature sweets. One of the best parts: They’re independently owned businesses. Chain stores won’t be found here, which means guests find unique treasures, gifts and mementos. Some of the buildings feature rustic timber framing, reminiscent of Estes Park’s homesteading era. Others have been updated and re-purposed, revealing the evolution of this unpretentious mountain village.

Wonderfully, the great outdoors is something guests cannot escape in Estes Park. So many downtown activities take place outside: jazz concerts, cowboy sing-a-alongs, Riverwalk strolls - even wine tastings. In the end, it’s this combination of abundant wildlife, snowcapped mountain views, and charming amenities that makes the village of Estes Park a memorable getaway.

Jamie Mitchell 303-962-9571 [email protected] Contact: Jamie Mitchell 303-962-9571 [email protected] Amanda Dorotik 720.638.5405Paul Nora [email protected] [email protected] 11 Paul Nora 303-962-9575 [email protected] INVESTMENT CONTACTS

Jamie Mitchell | 303.962.9571 [email protected] One Broadway Suite A300 | Denver, CO 80203 303.962.9555 | www.PinnacleREA.com Paul Nora | 303.962.9575 [email protected]