$2,250,000

295 Rule Road is a 7.576-acre vacant multifamily site, north of the Eagle I-70 interchange in Eagle, Colorado. The parcel is zoned R3 (Residential Multi-Family), which allows up to 16 units per acre, or roughly 121 homes on the gross acreage, subject to Town of Eagle review and approval. The site is perched above the City Market facing south, with open sky and views of the Sawatch Range. It's a rare chance to deliver workforce, affordable or resident-oriented housing near Eagle's main Core Transit stops in one of the Eagle Valley's most convenient locations. Transit orientated workforce housing is a top priority in the Town of Eagle's comprehensive plan, and the town code provides the town flexibility in approving such projects. Projects that are at least 60% affordable and resident-occupied qualify for density, height and dimensional incentives. Private road access comes from Rule Ranch Road. A perpetual 1.5-acre parking and construction easement on the adjoining parcel provides room for staging during development. Engineered connection points for sewer, water, gas and electric are already in place in the commercial area below the site. For a developer focused on workforce or resident-occupied housing, the property brings together elements that are rarely found on one site. Its zoning supports meaningful density, the town's incentives fit the intended product, and the setting is walkable and served by transit. With access, staging and utilities already resolved, a buyer can move directly into project design and the town's approval process.