5401 W 10th Avenue
Lakewood, CO 80214
1796 sqft | 1.20 acres | #7840090
Description
Introducing a rare and exceptional redevelopment opportunity on a sprawling 1.2-acre lot at 5401 West 10th Avenue. This prime piece of real estate is located in an “opportunity zone”, offering unparalleled potential for builders and developers.
With its prime location, adjacent to Lakewood Dry Gulch Sheridan Light Rail Station, this property is perfect for a wide range of redevelopment projects, from residential to commercial use. The lot boasts a generous size, allowing for ample space to build an expansive complex or create a serene oasis in the heart of the city.
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Lakewood M-R-T zoning providing for a minimum unit per acre density of 30 du/ac with height limits from 4-7 story. Surrounding properties that are currently under development include West line Village, a 170-unit town home project and immediately east of the site is a 4% tax credit project. Single family homes at Eaton Ct and W 10th Ave have sold in the mid-$600k and West Line Village is offering town homes in the mid to high $500k.
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This is an extraordinary opportunity to invest in a prime piece of real estate and build your dream project in a quickly changing area.
Property Details
- ViewCity, Mountain(s)
Measurements
- Square Feet1796
- Acres1.2
Construction Details
- Property TypePurchase
Condition
- Year Built1955
Utilities / Energy Details
- Utility FeaturesElectricity Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionLakewood
Location
- School DistrictJefferson County R-1
- Middle SchoolJefferson
- High SchoolJefferson
- CountyJefferson
- Elementary SchoolMolholm
Financial Details
- Original List Price$2,200,000
- Taxes Annual$3,552
Other
- MLS #7840090
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Adrienne Herzog (#REC55056654)
Listing Office: LPT Realty (#RECM4960)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
