SOLD: Frederick Development Site at 7965 Penrose Blvd Sells for $1,800,000
A 12.83-acre development parcel located at 7965 Penrose Blvd in Frederick, Colorado, has officially sold for $1,800,000, marking another strategic land transaction in one of northern Colorado’s fastest-growing communities.
The property was marketed by Market Real Estate in partnership with Summit Commercial Brokers and presented a compelling opportunity for residential development just outside downtown Frederick. The site consists of two contiguous lots — Lot A (8.17 acres) and Lot B (4.66 acres) — with zoning that supports residential use, offering flexibility for future housing projects.
Positioned with convenient access to the I-25 corridor, the property benefits from strong regional connectivity between Denver, Boulder, and Fort Collins. Its location within the expanding northern Colorado growth path continues to attract developers seeking well-located land in communities experiencing sustained residential demand.
Frederick has seen steady population growth and infrastructure investment over the past several years, making development-ready parcels of this size increasingly limited. Sites offering both scale and access, particularly along the Front Range, remain highly sought after.
This transaction underscores the continued appetite for infill and near-core residential development opportunities as housing demand persists across northern Colorado.
