77 Bellyache Ridge Road is a flat development parcel located at the intersection of Interstate 70 exit 157 and Colorado State Highway 131 in the mountain resort market of Eagle County, Colorado. The property has unobstructed exposure to the interstate and is currently zoned Commercial Limited which allows for many interstate-oriented commercial uses. I-70 is the only east-west thoroughfare through the State of Colorado and a major economic driver for the many communities that it runs through.
I-70 exit 157 has annual average daily traffic of 30,000 vehicles and provides both east-west exits and on-ramps. The southern terminus of SH-131 is located at I-70 exit 157. This highway is a major north-south artery on Colorado’s Western Slope, connecting the resort market of Steamboat Springs and its visitors to I-70. Average annual daily traffic at this southern terminus is 4,700 vehicles. The site is one of few undeveloped interstate parcels remaining in Eagle County and is a 15-minute drive from Vail Ski Resort, 10-minute drive from Beaver Creek Ski Resort, and a 15 minute drive from Eagle County Regional Airport.
Adjacent to the subject property is the Wolcott PUD, a residential development currently progressing through the Eagle County land planning process. If approved, the project would provide up to 350 new homes on what is currently raw land situated between Interstate-70 and US Highway-6. A sketch plan of the project was approved on May 17, 2023. This development would activate Wolcott as a highly desirable place for locals to reside when compared to the down-valley communities of Eagle, Gypsum and Dotsero. These communities are up to 40 miles from the employment hubs of Vail, Avon, Beaver Creek and Edwards. If approved, Wolcott PUD would create significant demand for commercial uses in the area.
Erich Schmidt
Fortius Commercial Advisors
